Make no mistake, the beancounters are intent on outboxing Biglaw at their own game. While they may not be trying to replicate traditional law firms, this does not mean they are not trying to eat their lunch.
“U.K. arms of the biggest accounting firms have expanded aggressively into the legal services area in recent years, changing their legal status to compete with attorneys and capitalize on their global presence to win multinational clients. The firms intend to exploit their large international networks and technological expertise to
forge niche positions in specific parts of the legal market. “We are not trying to replicate traditional law firms,” Ed Stacey, head of employment law at the U.K. arm of PricewaterhouseCoopers, LLP told Bloomberg Tax.”
Read: Big 4 Firms Plot Moves Into Global Niche Legal Markets at Bloomberg BNA Business of Law