listed law firms, page-24

From a client or patients perspective - there are ethical implications when decision making is affected by a financial agenda. From my understanding a lawyer is meant to have a clients interests as the priority, whereas a listed company should have a shareholders interests as the priority. That is the conflict.

Regarding WIP, accounting discrepancies etc: that may affect SP and forecasts, but shouldn't result in any specific change in profitability over the long term c.f. a private law firm. If anything profitability should be increased in a large corporation that can maximise tax efficiency through accounting tricks.