It includes language accounting for privacy concerns as well, with agencies required to look over the potential impact of their work, and release public assessments.

ENGADGET

The bill introduced March 9 by Fletcher Hartsell, a Republican and lawyer, would allow non-lawyers to buy up to 49% of a firm, leaving it in control of licensed attorneys. (It came to my attention via AmLaw.) The bill, which would also allow outside investors to buy into accounting firms, includes language designed to prevent non-lawyers from interfering with the relationships between attorneys and their clients.

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With the new entity accounting for 25% of English-language book sales, the merger is sure to get a long, hard look from anti-trust regulators.

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"The language, which is a mix of accounting phrases, personal motivations and attempts to conceal, are very revealing, " Ms Joshi said.

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