September 26, 2020

law firms

Renowned U.K. Legal Eagles PwC Made Almost $92 Million in Law Revenues in the Past Year

You better watch your back, DLA Piper. PwC is coming for ya. From Law.com: PwC’s legal operations brought in around £70 million ($91.82 million) in U.K. revenues during the 2017-18 financial year—a figure that would have put it only just outside the U.K. top 50 based on last year’s rankings. The Big Four accounting firm, which received an alternative business […]

big 4 big law hogan lovells

Big Law Firm Takes a Page From Big 4 Player Book

A couple years ago we talked at length about the Big 4 going after Big Law. Since then we’ve noted the firms talking about the growth of their legal practices, with one PwC bigwig stating his firm’s ambitious goals openly while an EY leader said their threat to law firms is overblown. As we’ve discussed, […]

It’s Only a Matter of Time Before Big 4 Firms Offer Legal Services in the US

One of the topics that we occasionally discuss around here is the Big 4 expanding into professional service areas that you wouldn't expect for an accounting firm. In the US, we've seen PwC and Deloitte build enormous digital agencies and just last month, EY announced a partnership with Adobe that will "expand [the firm's] digital […]

PwC Wants to Be a Big Law Firm When It Grows Up

How big? According to PwC's legal services leader in Australia and Asia, a top 20 in the world will do: Tony O’Malley, Australia and Asia Pacific legal services leader, told AccountantsDaily the firm has clear global aspirations to establish itself as a top 20 international law firm. The firm’s legal growth strategy, implemented over the […]

Big 4 Gunning for Big Law

The Economist published quite the haughty article yesterday about accounting firms picking off legal work from law firms. I say “haughty” because that’s the voice I hear when I read Economist articles, but really, it’s a good read. I invite you to read it in your own silent haughty voice. The story goes that big […]