A global market reacts

As we begin to look at how the profession will change in 2015 and beyond, we must look at the Australian market. Here, large accounting firms are  adding major law practice components to their stable of professionals. In at least two instances, more than 100 lawyers were engaged by accounting firms. Multi-disciplinary connections are back on the table. While this will not happen overnight in the U.S., it’s clear that we cannot ignore these changes outside of our borders. This is especially true for the larger law firms that want to compete in the Asia-Pacific market; I’m sure there will also be a ripple impact here.

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