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Alvarez & Marsal (A&M) is a globally recognized professional services firm best known for its pioneering work in turnaround management and corporate restructuring. When companies are in distress or facing significant operational challenges, A&M is often the first call. The firm is defined by its "bias for action" and its hands-on, operational approach. Unlike traditional advisors, A&M consultants often take on interim leadership roles (such as Chief Restructuring Officer) to drive change from within. While its heritage is in restructuring, the firm has expanded significantly to offer a broad range of services, including private equity services, performance improvement, and disputes and investigations. Its conflict-free model (it provides no audit or attest services) allows it to act with speed and objectivity in high-stakes situations.