LexisNexis Legal & Professional®,

The Big 4 accountancy firms have continued their advance into legal services, but are they likely to supplant traditional law firms? Do they want to? Unpicking their aims and strategies, this report asks what makes the Big 4 different and what traditional law firms can do about it. 

Today, LexisNexis Legal & Professional®, a leading global provider of legal information and analytics has released an investigative report entitled “Are the Big Four reshaping the future of legal services?”  

Rather than suggesting that traditional law firms should be afraid of the Big 4 and their desire to poach high-value legal work, the report argues that the Big 4 are setting on an altogether different strategy and benefiting from the changing way legal services are delivered through ALSPs.

From in-depth interviews with lawyers from across the sector, the report tracks what’s changed and why.