What Hemming Morse, LLP does

Hemming Morse, LLP is a privately held professional services firm specializing in forensic accounting, financial litigation consulting, business and intellectual property valuation, economic damages analysis, and expert witness testimony. The firm serves law firms (including over 75% of the AmLaw 100), large corporations across financial services, technology, energy, and consumer sectors, and government agencies including the SEC, FDIC, DOJ, and PCAOB. Practice areas span Alter Ego and Entity Relationships, Business Valuation, Construction Disputes, Economic Damages, FCPA compliance, GAAP/GAAS forensic accounting, fraud investigations, IP damages and licensing, Labor Disputes, Large-Scale Data analysis, M&A advisory, royalty compliance, and white-collar crime investigations. Revenue is generated through engagement-based billing on hourly rates or fixed-fee arrangements, with partners actively leading client relationships and business development.

The firm's competitive position is built on a deeply credentialed talent base — including a former SEC chief accountant and former FBI Special Agent on staff, three former Presidents of CalCPA, and over 200 years of combined partner leadership in professional organizations — and on institutional scale, evidenced by 1,000+ expert testimonies and 1,000+ business/IP valuations over its 60+ year history. The go-to-market model is partner-led: senior professionals drive demand through direct engagement with AmLaw 100 firms and corporate clients, supplemented by thought-leadership channels including AICPA Practice Aid authorship, conference speaking (Bar Association of San Francisco, LAIPLA), and AICPA webinars. Distribution is regional, anchored in California with offices in the San Francisco Bay Area, Los Angeles, Chico, Fresno, Santa Rosa, and extending to Las Vegas, Nevada and Idaho Falls, Idaho.

Hemming Morse operates as a unified professional services platform with horizontal segmentation across multiple practice areas rather than vertical specialization, and has no disclosed parent company, private equity backing, or institutional investor ownership. The firm appears to be independently operated by its partners, with Firm Chairman Paul Regan and Principal Andy Mintzer serving as principal external ambassadors. There is no disclosed revenue, funding history, M&A activity, or regulatory action in the source materials, and the firm is presented as an actively operating LLC.

Name

Hemming Morse, LLP

Legal name

Hemming Morse, LLC

Website

https://hemming.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Hemming Morse, LLP is a privately held forensic accounting and financial consulting firm serving AmLaw 100 law firms, large corporations, and government agencies with expert witness testimony, business valuation, and litigation support services across 10 offices in California, Nevada, and Idaho.

Ownership category

akta.pro rank

Product category

Forensic Accounting and Litigation Consulting

NAICS

Legal Services (5411), Professional, Scientific, and Technical Services (54)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Litigation Support & Expert Witness (Valuation-Related) (BPAHANAG)

akta.pro secondary industries

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE), Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

Keywords

• Forensic accounting services
• Business valuation services
• Litigation consulting services
• Expert witness testimony
• Financial consulting services

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services - Forensic Accounting: Revenue generated through engagement-based billing for forensic accounting investigations, litigation support, and expert witness services. Services are billed on hourly rates or fixed-fee arrangements depending on engagement scope.
2. Professional Services - Business Valuation: Revenue from business valuation engagements including mergers & acquisitions advisory, intellectual property valuation, and dissolution valuations. Billed on engagement basis.
3. Expert Witness and Testimony Services: Revenue from providing expert witness testimony in legal proceedings, mediations, and arbitrations across various dispute types including IP, labor, construction, and financial fraud matters.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Hemming Morse, LLP is a forensic and financial consulting firm providing professional services in accounting, finance, valuation, economics, and statistics. Its core offerings span forensic accounting investigations, business and intellectual property valuation, economic damages quantification, expert witness testimony, litigation consulting, large-scale data analytics, and M&A advisory for law firms, corporations, and government agencies. Services are delivered through partner-led engagements billed on hourly rates or fixed-fee arrangements.

Product overview

Hemming Morse, LLP is a forensic and financial consulting firm offering a comprehensive suite of professional services. The firm operates as a unified service offering focused on accounting, finance, valuation, economics, and statistics. Their practice areas include Alter Ego and Entity Relationships, Business Valuation, Construction Disputes, Economic Damages, Foreign Corrupt Practices Act compliance, Forensic Accounting (both GAAP/GAAS compliance and investigations of improprieties), Intellectual Property Damages, Intellectual Property Valuation and Licensing, Labor Disputes, Large-Scale Data analysis, Management Advisory Services, Mergers & Acquisitions Advisory Services, Royalty and License Compliance Examinations, and White Collar Crime Investigations. The firm serves clients across multiple industries with over 60 years of concentrated expertise, working for both plaintiffs and defendants as well as neutral parties in disputes.

Differentiator

Problem solved

Functional benefit

Products and services

• Alter Ego and Entity Relationships Evaluation and determination of corporate separateness between a business and an individual, provided to law firms and corporate clients involved in disputes concerning entity liability, piercing the corporate veil, or alter ego allegations.
• Business Valuation Determination of the valuation of a business or its assets for partnership dissolutions, the sale of businesses, and preparation for IPOs, delivered to corporate clients, law firms, and stakeholders in transaction or dispute contexts.
• Construction Disputes Evaluation and resolution of critiques and claims within the construction industry, ranging from disruption and delay claims to quantification of costs for the performance of extra work, for parties to construction disputes.
• Economic Damages Quantification of the value of economic harm stemming from an alleged wrongful act, for use in litigation, mediation, or arbitration proceedings on behalf of plaintiffs or defendants.
• Foreign Corrupt Practices Act (FCPA) Compliance Evaluation of FCPA compliance and risk assessment, plus investigation to advise clients on the development and maintenance of effective FCPA compliance programs, provided to corporate clients and their counsel.
• Forensic Accounting – Compliance with GAAP and GAAS Forensic accounting services focused on compliance with Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS), for clients involved in disputes or investigations concerning accounting standards application.
• Forensic Accounting – Investigations of Improprieties Investigation of alleged financial misconduct, fraud, and other improprieties, delivered to corporate clients, law firms, and government agencies.
• Intellectual Property Damages Determination of damages stemming from alleged intellectual property infringement or the extent of alleged intellectual property infringement, for plaintiffs and defendants in IP litigation.
• Intellectual Property Valuation and Licensing Calculation of reasonable value or hypothetical license agreements in relation to intellectual property disputes, for use in licensing negotiations and IP litigation.
• Labor Disputes Evaluation of complex labor dispute issues including wage-and-hour violations, wrongful termination, overtime pay, and trade secret misappropriation, provided to employers and employees involved in such disputes.
• Large-Scale Data Analytics Analysis and management of datasets with billions of entries for litigation and investigative purposes, supporting forensic accounting, damages quantification, and regulatory investigations involving extensive financial or transactional data.
• Management Advisory Services Advisory services for management consulting on complex financial and business matters, provided to corporate clients.
• Mergers & Acquisitions Advisory Services Advisory services for M&A transactions including valuation, due diligence, and transaction support, provided to buyers, sellers, and their counsel.
• Royalty and License Compliance Examinations Examinations to verify compliance with royalty and licensing agreements, performed on behalf of licensors or licensees in disputes or audits.
• White Collar Crime Investigations Investigation of white-collar crime and related criminal matters for legal proceedings and regulatory compliance, provided to corporate clients, counsel, and government agencies.

Quantifiable outcome

• Over 1,000 expert testimonies provided in legal matters
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• American Institute of Certified Public Accountants (AICPA)coreStrategic or Co-development PartnerHemming Morse professionals actively participate in AICPA standard-setting bodies, including the Auditing Standards Board, Professional Ethics Executive Committee, and Forensic & Litigation Services sections. Partners have chaired AICPA task forces and authored Practice Aids for the profession.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ankura Consulting: Advisory firm with a dedicated Disputes & Economics practice offering forensic accounting, damages analysis, valuation, and expert testimony services. Direct competitor in litigation support and expert witness engagements.
• Kroll: Investigations, risk consulting, and valuation firm with a prominent forensic accounting and litigation support practice (which absorbed Duff & Phelps). Competes directly with Hemming Morse on damages quantification, expert witness, and financial investigations.
• Berkeley Research Group (BRG): Expert services and consulting firm with a Forensics, Investigations, and Disputes practice providing expert witness, forensic accounting, and damages services. Highly comparable to Hemming Morse's practice areas and customer profile.
• FTI Consulting: Global consulting firm with a dedicated Forensic & Litigation Consulting segment offering expert witness, damages quantification, and forensic accounting services to law firms and corporations. Closely aligned with Hemming Morse in core offerings, customer profile, and engagement model.
• Alvarez & Marsal: Global professional services firm with a strong Forensic Accounting, Litigation Support, and Disputes practice serving law firms and corporates. Direct competitor in expert testimony, damages analysis, and complex investigations.
• Guidehouse (formerly Navigant Consulting): Global consultancy offering disputes, investigations, and forensic services to law firms and corporations. Competes with Hemming Morse in expert testimony, damages analysis, and complex financial investigations.

Broad incumbents

• Houlihan Lokey (Financial Advisory Services): Global investment bank with a Financial Advisory Services practice covering business valuation, disputes, and expert testimony. Competes with Hemming Morse on valuation and damages engagements, especially in M&A and shareholder disputes.
• BDO USA (Forensic & Valuation Services): Top-tier accounting firm with dedicated Forensic and Valuation practices providing expert witness, damages, and litigation support. Comparable in client mix and offering scope, but at broader scale than Hemming Morse's boutique footprint.
• KPMG (Forensic Services): Big 4 firm with a Forensic Services practice addressing fraud investigations, litigation support, expert witness, and valuation. Overlaps significantly with Hemming Morse's practice, but at greater scale and broader geographic coverage.
• Deloitte (Forensic & Dispute Services): Big 4 firm with a large global Forensic & Dispute Services practice covering expert witness, damages, valuation, and investigations. Larger and broader portfolio than Hemming Morse, but offers overlapping services to the same customer base.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hemming-morse-llp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hemming Morse, LLP