000 01076cam a2200217 4500
001 WB3715-25
008 000000n2001 000 0 eng u
035 _a(Sirsi) u111970
245 _aFirms' protection over big negligence claims
260 _c2001
490 _aFinancial Times
_v 6 April 2001, 6(1)
520 _aOutlines the implications of the rules in force from 6 April 2001 which allow professional services firms to protect themselves against big negligence claims, by converting to limited liability partnerships (LLPs). The new LLPs will protect partners' personal assets, but limited liability firms will have to reveal audited assets. Four out of the seven largest accountancy firms indicate they plan to convert to LLPs, whilst the largest law firms are more cautious at the present.
590 _aWB
650 _aNEGLIGENCE CLAIMS
650 _aLIMITED LIABILITY PARTNERSHIPS
650 _aACCOUNTANCY FIRMS
650 _aLAW FIRMS
650 _aAUDITED ACCOUNTS
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942 _n0
999 _c66712
_d66712