First comes the corporate scandal, then come the lawyers. To caulk the wound, apportion blame and give an imprimatur of rigor and independence, while regulators, the media and shareholders start to apply pressure.
The demand for legal investigations when a scandal breaks – such as at PwC, WiseTech, ANZ and Mineral Resources, to name a few – is increasing due to whistleblowing reforms, changing social values and greater expectations of corporate governance.
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