PracticeAccounting FirmsLawyers to turn off lights at Andersen

Lawyers to turn off lights at Andersen

Staff numbers at Andersen's offices worldwide have shrunk from 85,000 to just 3,000 with lawyers amongst those left to handle the Enron fall-out.

Link; Follow the Andersen saga

Lawyers, IT staff, internal finance staff and some people at training facilities are believed to be the only people remaining at the defunct firm, although Andersen has not said what they are doing there.

According to the FT, the lawyers are dealing with piles of lawsuits from shareholders and former employees at Enron, and could be kept busy for years to come.

The once prestigious Andersen name has now ceased to do any audit work, with its 2,500 public audit clients having switched to other firms.

Related Articles

KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

1d Emma Smith, Managing Editor
Where is your next client coming from?

Accounting Firms Where is your next client coming from?

3d James Noble, Propero Partners
Specialist VAT service provider joins MHA

Accounting Firms Specialist VAT service provider joins MHA

4d Austin Clark, Reporter
Top 50+50: Big Four hold steady, shake-up outside Top 20

Accounting Firms Top 50+50: Big Four hold steady, shake-up outside Top 20

2w Emma Smith, Managing Editor
Top 50+50: Revenue rises spark rankings shake-up

Accounting Firms Top 50+50: Revenue rises spark rankings shake-up

3w Emma Smith, Managing Editor
Grant Thornton expands financial services regulatory team

Accounting Firms Grant Thornton expands financial services regulatory team

2w Austin Clark, Reporter
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2w Alia Shoaib, Reporter
Top 50+50: Firms fall short on diversity

Accounting Firms Top 50+50: Firms fall short on diversity

2w Alia Shoaib, Reporter