A lawyer who held a male clerk’s penis outside his clothes and treated junior staff as ‘sexual playthings’ was in March found guilty of misconduct.
Firm says there has been an industry-wide reduction in demand for some areas of government advisory.
Bailey had pleaded guilty to charges and accepted his actions resulted in misconduct.
Accounts reveal a $30m spend on acquisitions over last year.
The professional services firm is following Australia’s lead.
‘Very disappointing’ breaches ‘something we’ve needed to navigate through here,’ outgoing CEO Mark Averill says.
Regulator’s review finds more compliant audit files but warns of complacency.
‘We’re constantly looking … you’ll see further movements from us over the coming months,’ firm’s Australasian head says.
Will Reedy joined the firm’s local arm from Spark Health earlier this year.
New Zealand Law Society survey concedes there is an ongoing reluctance to report unacceptable behaviour.
