PwC Legal chief: we can be a top 20 global legal services business in five years

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  • I was at both Landwell and T&L. Yes, conflicts are a major issue with Sarbox and this is a major constraint whilst the law firm is run as a separate business line. But once the accountants and consultants lose their fear of "giving legal advice" as part of their core service they will be able to generate comprehensive solutions and everyone will wonder why they ever had to reconcile disparate advice from lawyers, tax advisors and other consultants for the same deliverable. Procurement is a case in point - all the client wants is rigorous selection process and a well negotiated and documented deal.

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  • I really can't wait to see the faces and comments of these posters and others in the legal profession, when they see that the "Big" 4" have cleaned up. Lawyers you need to get smart soon, or else.. I am a Lawyer

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  • I think it will be a completely 'closed shop' without even the goods for sale on display as the ABS licence allows the so called big four Accountancy firms to take on Legal services. Probate and the Administration of Estates for wealthy (very) inidividuals will be a complete doddle when the initial stage of Tax advice has already pre-empted and anticipated the ultimate demise... but I really don't think it will be what it would (or should) be....but who will know that with a closed shop...

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