• Practice Management - QuickPress

    Lawyers and Accountants Once Put Integrity First

    Lawyers and Accountants Once Put Integrity First So asserts Mark W. Everson, commissioner of the IRS from 2003 to 2007, in an opinion piece for the Sunday NY Times: Three or four decades ago, investors and regulators could rely on these professionals to provide a check on corporate risk-taking. But over time, attorneys and auditors came to see their practices not as independent firms that strengthen the integrity of capitalism, but as businesses measured chiefly by the earnings of their partners. . . . Recent decades have seen a new model take root: a business plan tied to partner earnings. Obviously,…