are the days of the big accounting firms numbered?
peterson thinks so. and he may know better than most, as a former general counsel at andersen. in his latest post at re:balance, jim suggests: “the bust-up figures would be as small as $560 million.”
he notes that seidman already has a $521-million verdict pending against it. and just three or four years of sub-par profits could push enough partners to the doors that a firm could simply dissolve.
read it all here…