Remaking News of the Week: Collision of legal and accounting services

The collision of legal and accounting services is this week’s Remaking News featuring Stephen McGarry’s new report. Stephen analyzes the imminent ‘collision’ of legal and accounting services and subtitles his report ‘Global Disruption and Opportunity’.

Consider the facts and prognostications and decide for yourself what tectonic shifts lie ahead for BigLaw firms.

There’s one wearing sheep skins in the back row

Yesterday, Karl Chapman reminded me of a black humour incident when we first met. The occasion was an October 2012 law firm leaders conference in London at which I was speaking. I referred to the emergence of alternative legal service providers – ‘NewLaw’ was yet to be applied to these new business models. I likened the threat they posed to ‘the barbarians at the gate’ and the plundering of Rome, i.e. traditional BigLaw firms.

Who coined NewLaw?

I am often asked, ‘Who coined NewLaw?‘. For the record, here are the facts set out in a non-revisionist account of the circumstances from 2009 to 2016.

Making News of the Week: EY to acquire Riverview Law

Today EY announced an agreement to acquire UK-based Riverview Law.

Who’s in Dialogue: 09

Who’s In Dialogue: 09 is in its 9th week; thanks for playing.

Which of our Contributors once served in The White House as a writer to the President of the United States, and was later an aide to David Owen, former British Foreign Secretary and EU Negotiator for the Former Yugoslavia.

Hint: He’s also well-known for his pioneering business development role with Patton Boggs LLP in the mid-2000s.