Marc Sherman

Managing Director
40+ years of experience helping clients make the best financial and business decisions
Recognized as one of the premier financial consultants in RWI/W&I matters and claims
Serves as an arbitrator in financial and accounting matters
Washington, D.C.
@alvarezmarsal
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Marc Sherman is a Managing Director with Alvarez & Marsal Disputes and Investigations in Washington, DC. He leads A&M’s Transactional Liability practice.

Mr. Sherman specializes in representations and warranty (RWI) and warranty and indemnity (W&I) insurance matters. He advises the majority of the RWI underwriters and carriers in the US and many in other parts of the world, principally on validating and resolving complex RWI/W&I claims. Mr. Sherman has advised on matters in the US, England, Canada, Australia, Switzerland, Germany, the Nordic countries, and Benelux.

Prior to joining A&M, Mr. Sherman was a global practice leader with a publicly held consulting firm; he served as the US managing partner of Forensic Services and regional managing partner of KPMG Corporate Transactions. He advised corporations, governments, and law firms around the world on financial fraud, government investigations, anti-money laundering and anti-bribery, compliance, governance, financial reporting, M&A, and corporate restructuring. Further, he led investigations for several branches of the US Department of Justice, including the FBI and Drug Enforcement Administration, the Federal Reserve, and several foreign governments. He also consulted and testified on economic damages, valued public and private companies, and served as an expert in forensic accounting, lost profits, financial fraud, business appraisal, and accounting matters.

Mr. Sherman earned a bachelor’s degree and a JD from the University of Maryland Francis King Carey School of Law. He is a Certified Public Accountant (CPA), a Certified Fraud Examiner (CFE), and a Certified Insolvency and Restructuring Advisor (CIRA), as well as being certified in financial forensics with the American Institute of Certified Public Accountants (AICPA). He is a board, compensation, and finance committee member of the Council for Court Excellence (CCE), former audit committee chair of the National District Attorneys Association (NDAA), former board member of the National Appleseed Foundation, and former co-chair of the American Bar Association (ABA) forensic accounting and accounting issues subcommittees.

Mr. Sherman has been recognized as an expert by Lexology Index and was included in Who’s Who in America in 2023. He has spoken at conferences and events in the US, London, and Beijing, served on the faculty of Georgetown University, and published chapters on internal investigations, compliance, and anti-money laundering.

Insights By This Professional

In a recent roundtable for Financier Worldwide, Marc Sherman shares his perspective on the latest trends including the increasing use of insurance in the acquisition marketplace, developments in insurance offerings, the benefits of claims experience and using insurance products to manage transactional risk. 
In a recent roundtable "Managing Transactional Risk" for Financier Worldwide, Managing Director Marc Sherman discusses the latest trends in the use of transaction insurance including negotiating representations and warranties, warranties and indemnities insurance, tax liability insurance and considerations for developing an effective claims process. 
Marc Sherman discusses the M&A insurance market including the benefits of purchasing reps and warranties insurance and how to negotiate representations and warranties.
In a recent interview with Financier Worldwide, Managing Director Marc Sherman and Director Meghan Cardell discussed the role representations and warranties insurance plays in M&A transactions and best practices for developing effective claims processes.
Latest insights The latest insights from Marc Sherman's team
Thought Leadership
In this article for Raising the Bar, Director Robert Cruse outlines how to align culture and controls with enforcement trends under the FCPA and the EU Whistleblower Directive, including ensuring independent oversight and protected channels for insiders to speak up.
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