The Big Four have been gradually entering the legal services market over the past fifteen years, with mixed success. Stuart Bedford from KPMG highlighted their unique position in offering extensive institutional scale, crucial for integrating legal advisory within large global mergers. While they only occupy a small portion of the market, KPMG aims to focus on managed services following substantial acquisitions. This sector remains competitive, with the Big Four having a distinct edge in technology, global infrastructure, and comprehensive service offerings, indicating significant potential for growth.
You need that institutional scale to be able to really translate the legal advisory into the world of large global clients seeking to solve problems which cut across many areas of their business and many jurisdictions.
There is still a huge amount for us to play for.
We are just so much more global than even the most global law firm.
I could not think of anyone outside the Big Four that can offer the right amount of investment in the technology, in the global infrastructure, plus the law to be able to really put it all together.
Collection
[
|
...
]