Page 3 - Lawyers and Accountants - The Future of the Professions

Table of Contents

I Summary …………………………………………………………………………………………………………………………………. 1
4
II Professional Services Markets in the 1980s and 1990s ………………………………………………………….....
(A) Biglaw, Vereins, and the Big Four 9
(B) Law Firm Networks 12
(C) Accounting Networks and Associations 15
(D) Alternative Legal Services Providers 19

III The Future of Biglaw and Vereins …………….….………………..…………………………………………………………

IV Threats to Law Firm Networks by the Big Four ……………………………………………………………………….

V Threats to Accounting Networks and Associations by the Big Four ……………………………………….

VI Collaborative and Cooperative Opportunities for Networks ……..…………..………………………………
Issue: Mutual Lack of Information on the Other Profession
Solution: Internal Education and External Promotion of Networks

(A) Lawyers and Accountants – Perspectives
(B) The Global Professional Services Markets
(C) Bridging the Gap – Strategy and Implementation

1. Macro
2. External
3. Internal
4. Websites
5. Database
6. Technology
(D) Opportunities for Networks with Biglaw and “Other” Law and Accounting Associations
(E) Other Services – ALSPs

VII 12 Conclusions and Predictions ……………………………………………………………………………………………….. 33
Appendix 1 – Global Legal Market – 2000 ………………………..………………………………………………. 35

Appendix 2 – The Big Four and Biglaw Online – Unique Visitors Per Month ………………………. 36

Appendix 3 – Bibliography –017/2018 ……………………………………………………………………………… 37

Appendix 4 – Multidisciplinary Partnerships – Lawyers and Accountants …………………………. 39
61
Consultants ( Treatise 2002), Stephen J. McGarry

CHAPTER 14 – Multidisciplinary Organizations (MDOs), the Competitive

Alternative to the Big 5

Appendix 5 - Directory of Law and Accounting Network Executives …………………………………..