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Instant Insights / The Big Four Are Gaining Global Momentum

The Big Four accounting firms are marching across the global legal market, moving beyond tax-related legal services and into employment, arbitration, cybersecurity and more. In this Instant Insights, we explore the Big Four global growth and what it means to law firms large and small.

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As the Big Four accounting firms continue their long-anticipated foray into the global legal market, it’s the independent law firms in medium-sized markets—not the global heavyweights—that have the most to fear, according to a recent report from the president of the Association of International Law Firm Networks.

But AILF president Stephen McGarry isn’t a disinterested observer. He says these firms can counter the threat through getting involved in legal networks, facilitated by a database he founded that links a number of these networks.

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Dan Packel

Dan Packel covers change and innovation in the legal services market, and writes a weekly briefing for Law.com, "The Law Firm Disrupted," on these subjects. He is based in Philadelphia. Contact him at [email protected] On Twitter at @packeld

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