ABA Debates Lawyer/CPA Alliances | AccountingWEB

ABA Debates Lawyer/CPA Alliances

The American Bar Association, during their annual meeting in Dallas, a href="http://www.accountingweb.com/webnews/wed/ch/Aaba-branching-out.RQA8_AFE.html">debated the pros and cons of allowing lawyers to merge with accountants and other business professionals.

During the six-day meeting, much of the agenda was taken up with this topic, which has been in the news over the past year with the ventures of several Big 5 accounting firms to offer legal services.

However, a resolution was not reached, and the ABA expects no resolution before August, at the earliest. The president of the ABA, William Paul, even commented that the debate is the biggest one to hit the profession in decades.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.