Managing Legal
The Point
EY Law, the law practice division of the Big Four accounting firm Ernst & Young, has just announced (subscription required) that it’s adding up to 800 lawyers in the next 3 years.
Patrick McKenna identifies the Big Four’s chief advantage in law practice over law firms: “A strong industry focus“.
This Matters to Your Business
Patrick McKenna’s competitive diagnosis:
“One of the major problems is that law firms and lawyers DO NOT UNDERSTAND the intricacies of industries.”