Andersen Inches Closer to Belgium Law Firm
This is good news for Arthur Andersen  and its operations in Europe as it seeks to align itself with legal practices to gain a larger market share.
Andersen has worked with the law firm of Caestecker & Partners for the last three years on an informal basis, and will consider a partnership with the firm should rules relax to allow such relationships.
Still, experts at Big 5 firms say the industry has a long road ahead, as rule-making Dutch and French bodies may only allow a direct alliance with the auditing side and not any other facet of the accounting practice. Lawyers actually in Big 5 firms have sacrificed their bar membership.