The Smartest Service Businesses in the Country Are Accounting Firms, Says Some Lawyer
In a Bloomberg Law article that looks suspiciously like a thinly-veiled advertisement for Philadelphia law firm Cozen O’Connor, Cozen CEO Michael Heller outlines his firm’s business strategy — “We don’t want to be the firm that pays the highest salaries when times are great, terminates the associates when times are bad and then just keeps […]
Deloitte Doesn’t Want to Play In the Sandbox with the Big Law Kids Right Now
“We are monitoring these developments. At this point in time, though, we just don’t believe it’s practical to enter the practice of law.” — Steve Kimble, CEO of Deloitte Tax in the U.S., said in an interview with Bloomberg Law about the possibility of Deloitte stomping around Big Law’s turf in the States. What developments […]
We Finally Found a Service That a Big 4 Firm Won’t Provide
One thing we talk about around here from time to time is the fact that Big 4 firms want to be the proverbial Walmart of professional services. If you’re a business and you need a service, you can pick one firm and they’ll do pretty much anything and everything. If you’re an important enough client, […]
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 […]