The battle of the Atlantic

Article Abstract:

Law firms face questions about their future, such as the extent to which they should diversify, and how they react to globalization. Europe has seen a number of cross-border alliances and mergers, though many US law firms see such strategies as involving too much risk. Meanwile, the five major accounting firms world wide are expanding their legal divisions. Most firms in New York aim to focus on key areas, while London Firms like Clifford Chance aim to offer a range of services worldwide.

Industry Overview, Management, Attorneys, Lawyers

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Unrequited love

Article Abstract:

Trends affecting international law firms such as a drive to find international partners, are examined in detail.

International business enterprises, Multinational corporations

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Disciplinary measures

Article Abstract:

Many law firms perceive themselves as victims as the main five accounting firms move into law firms' territory. The American Bar Association and Law Society are considered whether to end their opposition to multi-disciplinary practices. The big accounting firms have seen higher growth rates for new areas such as personal finance and tax advice than for auditing. They plan to expand their legal departments. There is concern that conflicts of interest could arise, while accountants claim they are increasing consumer choice.

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Accounting firms, Accounting services

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Subjects list: Economic aspects, Law firms, Legal services
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