J.S. Held: A Beacon in Global Asset Recovery and Investigations

July 31, 2024, 5:35 pm
J.S. Held LLC
J.S. Held LLC
AssistedConstructionDevelopmentEnvironmentalFinTechFirmInsurTechPropertyServiceSpecialty
Location: United States, New York, Hicksville
Employees: 1001-5000
Founded date: 1974
In the world of asset recovery and investigations, J.S. Held stands tall. This global consulting firm, based in Jericho, New York, is celebrating 50 years of transformative service. Recently, it received accolades from Who's Who Legal (WWL) for its expertise in asset tracing, global investigations, and forensic accounting. This recognition is not just a feather in its cap; it’s a testament to the firm’s unwavering commitment to excellence.

Asset recovery is a complex dance. It requires precision, strategy, and a deep understanding of the legal landscape. J.S. Held has mastered this choreography. The firm has been recognized in the 2024 WWL report for its market-leading expertise in tracing and recovering lost, misappropriated, or stolen assets. Their experts are not just practitioners; they are leaders in the field. They provide actionable intelligence that supports recoveries in large-scale litigation and arbitration claims. Their clientele is diverse, ranging from corporations and banks to law firms and hedge funds.

One shining example of J.S. Held's prowess is its work with an oil and gas company. This company secured a $374 million ICSID award against the Republic of Ecuador. However, the government was reluctant to pay. J.S. Held stepped in, crafting a recovery strategy and managing global enforcement efforts. The result? Full payment of the award within a year. This case illustrates the firm’s ability to navigate turbulent waters and deliver results.

Investigations are another cornerstone of J.S. Held’s offerings. The firm’s Global Investigations practice is a powerhouse, led by seasoned experts with experience in over 40 countries. With a team of 150 professionals spread across the Americas, Europe, the Middle East, and Asia, they tackle multi-jurisdictional investigations with finesse. A recent case involved a global insurer that needed to investigate over 40 companies in the commodities sector. J.S. Held’s experts conducted a thorough investigation, ultimately leading to the withdrawal of a complex claim before it reached arbitration. This outcome not only saved time but also resources for the insurer and law firm involved.

Forensic accounting is another area where J.S. Held shines. The firm boasts a roster of credentialed experts, including Certified Public Accountants and Certified Fraud Examiners. These professionals specialize in financial investigations, dispute resolution, and regulatory compliance. Their expertise spans various critical areas, including anti-money laundering, fraud investigations, and risk assessments. This breadth of knowledge allows J.S. Held to support global law firms and corporations effectively.

The WWL recognition highlights the firm’s commitment to thought leadership. Many of its experts hold leadership roles in significant organizations and are frequently invited to share their insights at industry conferences. This year, J.S. Held launched its inaugural Global Risk Report. This annual publication, driven by the Global Investigations team, delves into pressing global issues and their implications for business strategy. It’s a roadmap for organizations navigating the complexities of today’s business landscape.

J.S. Held is not just a consulting firm; it’s a trusted advisor. The firm combines technical, scientific, financial, and strategic expertise to help clients realize value and mitigate risk. Their professionals tackle high-stakes matters with integrity and experience. They understand the nuances of both tangible and intangible assets, providing clients with a comprehensive suite of services.

With over 1,500 professionals operating across six continents, J.S. Held serves a wide array of clients. They work with 81% of the Global 200 Law Firms, 70% of the Forbes Top 20 Insurance Companies, and 65% of the Fortune 100 Companies. This extensive reach underscores the firm’s reputation and reliability in the industry.

However, it’s essential to note that J.S. Held is not a law firm and does not provide legal advice. Similarly, it is not a certified public accounting firm and does not offer audit or attest services. Instead, it operates as a consulting firm, providing clients with the insights and strategies needed to navigate complex situations.

As J.S. Held celebrates its 50th anniversary, it reflects on a legacy of excellence. The firm’s journey is marked by innovation, dedication, and a relentless pursuit of success. It has transformed the landscape of asset recovery and investigations, setting a high bar for others in the industry.

In conclusion, J.S. Held is a beacon in the world of global asset recovery and investigations. Its recognition by Who's Who Legal is a testament to its expertise and commitment to delivering results. As the firm looks to the future, it continues to embrace challenges and opportunities, ensuring that it remains at the forefront of the industry. For organizations seeking to navigate the complexities of asset recovery and investigations, J.S. Held is the partner of choice.