New York (Aug. 2, 2002) -- One New York law firm sees a new revenue opportunity in the corporate reform bill signed into law last week by President Bush -- a practice group devoted to helping corporations revise their audit procedures and review relationships with their outside auditors.

New York-based Holland & Knight announced Thursday that the firm is forming a multi-disciplinary ‘National Corporate Governance Practice Group." The group will advise public company officers and directors on how to comply with the law, especially in respect to revising their audit committee charters and internal audit procedures, as well as how to "review and possibly alter their relationship with the independent auditors," the firm announced in a press release.

The group will include a national team of former prosecutors and other lawyers with "significant experience practicing in the areas of corporate and securities law, securities litigation, SEC proceedings, corporate compliance programs, internal investigations and white collar defense."

--Electronic Accountant Newswire staff

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