In the two-plus years this briefing has been in my hands, the Big Four have been a valuable foil in my exploration of emerging trends (and non-trends) in Big Law.
We’ve addressed their steady but slow movement toward providing businesses—and law firms—support with “everyday legal tasks,” and their disinclination—so far—toward making big acquisitions to jump start these capabilities. We’ve compared their embrace of non-executive directors to law firms’ reluctance to bring in outsiders to sit on their boards, and looked at both Big Law and the Big Four’s reticence in taking advantage of opportunities in Arizona’s recently deregulated legal market.
