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ESG, Virtual Work, Deals on Consulting Horizon for Big Four

March 22, 2021, 1:01 AM

Big Four consulting practices are seeing an uptick in demand for their help with business deals and from clients who want to get ahead of an expected push for mandatory sustainability reporting—a sign of an improving outlook for the battered advisory industry.

Most non-essential advisory work came to a halt last summer, with demand picking up this winter, as the pandemic drained a combined $9 billion from the U.S. consulting market last year, a nearly 13% drop, according to a report released Monday by industry-watcher Source Global Research. The consulting market should begin to recover this year, with a forecast...

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