Page 13 - Lawyers and Accountants - The Future of the Professions
P. 13
Lawyers and Accountants 2019 -
Section summary: Legal and accounting services are inter-related, but they provide different components of
professional services. From an accounting perspective, legal services are simply another service they can offer
clients41. This also applies to ALSPs. From the law firm perspective, legal practice is unique. As a result of an
extensive list of ethical rules, some would argue it is more professional. Other would argue law is a business
subject to what the client wishes to purchase.
In a world of professional services convergence and disaggregation, both views have their merits. The result
is disruption.
41
10
Section summary: Legal and accounting services are inter-related, but they provide different components of
professional services. From an accounting perspective, legal services are simply another service they can offer
clients41. This also applies to ALSPs. From the law firm perspective, legal practice is unique. As a result of an
extensive list of ethical rules, some would argue it is more professional. Other would argue law is a business
subject to what the client wishes to purchase.
In a world of professional services convergence and disaggregation, both views have their merits. The result
is disruption.
41
10
