PwC Brussels partner departs to B&M

The tax arm of accounting giant PricewaterhouseCoopers has suffered a blow with the exit of Brussels partner Philippe Lion to Baker & McKenzie. It is understood that the regulatory climate post Sarbanes-Oxley was a factor in Lion’s decision to leave the accounting firm. Commenting on his departure, the former PwC tax director said: “Auditors’ independence rules are about to dramatically change the world of tax consultancy. Increasingly, large firms with a strong tax practice and a large network will become major players.” The hire takes the number of partners in Baker & McKenzie’s Brussels office to 13, and the number in the tax group to 10. First revealed on www.thelawyer.com, 13 November