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More downside: About one-third left clients paying too much.
Airline staff queued up to go on strike, collapsed travel companies left clients stranded around the world, and holiday bookings wobbled as consumer confidence dipped.
When American Lawyer magazine began publishing a ranking based on profit per partner in the early 1980s, it revolutionized the industry, but it also arguably led to a dangerous race among firms that left clients as a secondary priority.
Money manager State Street left clients fuming after offering them safe returns and then losing their money.
This ruling made many in the Chamber of Commerce and business sectors happy, while it left clients feeling uneasy.
Investcorp only had $4 million in equity left, clients held the remaining $34 million, and the new shareholders weren't keen on sinking more funds.
Similar(52)
The suit, however, asserts that JPMorgan workers developed a "grand scheme" to profit from Sigma in the event of a collapse, even though employees at another part of the bank left client money invested in the vehicle.
The failure of law firms to tackle online security is leaving clients increasingly vulnerable to attacks.
The huge caseloads force many lawyers to cut corners, leaving clients with little meaningful legal help.
Mr. Jiménez's solution: He leaves clients his full name, address and banking details so they can transfer money to his checking account.
Wouldn't that leave clients naked should inflation kick up?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com