When Heath Tarbert looks at the pending financial reform legislation, he sees potential regulatory battles, potential clients, potential billable hours.
Congress is pushing to reconcile the Senate and House versions of the financial regulatory reform legislation by the July 4 recess. When that happens, well…the Washington counsel to New York’s Weil, Gotshal & Manges said, “I have a bound copy of Sarbanes-Oxley on my shelf, and it’s 65 pages. I expect this law, if it makes it through conference, to be 1,000. And then you’ve got to expect between 10,000 and 20,000 pages of rules stemming from it.”
