In early April, Ernst & Young (EY) announced that it had acquired the legal outsourcing service provider Pangea3 from Thomson Reuters, increasing the intensity of the accounting giant’s assault on the legal services industry. Robert Ambrogi at Above the Law
A new report by professional services firm BDO USA suggests that more than 70 percent of in-house counsel “plan on leveraging technology in the next year to streamline legal operations” – and that outside counsel that are unable to adapt to
The Artificial Lawyer reports on another significant move by a Big Four accounting firm into legal territory with EY Law‘s installation of an AI document review system at its offices around the world.
A February 9, 2019 post in The Artificial Lawyer states that “EY Law, which has over 2,000 lawyers across 81 jurisdictions,
“Your billable time is your income; your non-billable time is your future.” – David Maister
Non-billable time gets little respect*Many perceive non-billable time as something that can be conjured at will. Taking someone to dinner who may or may not be a qualified client prospect can be recorded as business development. Furthermore, that two-hour
A column by Robert Ambrogi published recently in Above the Law may attract the interest of legal professionals for its comic or its cautionary value – depending on the reader.
Ambrogi details the reasons why, in November of 2018, Justice A.C.R. Whitten of the Superior Court of Justice in Ontario, Canada felt compelled to slice
A recent instalment of the podcast series LegalSpeak addresses the question of whether or not recent forays into the legal arena by the accounting industry’s Big Four actually comprise a significant threat to U.S. law firms.
Nicholas Bruch, principal analyst at ALM Legal Intelligence, who has been looking into this issue deeply for at least
Client Question*
While it seems to be a commonly held assumption that corporate and other transactional groups in firms spin work off to litigation teams (and that this is and should be the primary source of clients for litigators/trial attorneys), we aren’t finding any literature or research that supports this premise. Our numbers indicate the
When lawyers first started creating bios of themselves for use in firm promotion, clients generally used them to choose a firm, or to check out who they’d be working with after the firm had made the assignment. However, Michael Rynowecer at The Mad Clientist warns that these days, clients are using attorney bios to assess
A month ago we reported on the expansion of EY into the legal field through its acquisition of the U.K.’s Riverview Law. Now we learn that PwC U.K. has joined forces with immigration law specialists Fragomen of New York City – giving PwC “a major foothold in the U.S. market,” according to a report in
Following the acquisition of Riverview Law by EY, a new entity named EY Riverview will expand the accountancy firm’s legal-services reach into the global marketplace. Riverview Law’s growth could lead to an increase in staff from its current 120 to as many as 3,000, to be located at offices around the world.
In case you
