"Benefit corporations are brilliant because they allow companies to pursueprofit - for which no-one should apologise - and at the same time have a positive impact on society, " says corporate legal expert Laura Jordan of The Capital Law Firm in Washington DC.
She is also the President of the board of Expanding Your Horizons, a non-profit that encourages young women to pursue careers in math, science, engineering and technology.
As they pursue this targeted round of trims as soon as next month, they and rivals are also revisiting profit expectations for their advisory businesses, people familiar with the matter said.