In a conversation with an international law firm partner, it was noted that the legal industry trails behind other professional services by about 30 years, lacking true global leaders that dominate the sector. Contrasting with management consultancies such as McKinsey & Company or Big Four accounting firms like PwC, KPMG, Deloitte, and EY, which embody a certain prestige and quality of service worldwide, the legal realm features no single firm with comparable universal recognition and gravitas. Asia Editor Jessica Seah explores whether the legal industry even needs a globally elite law firm. Read more about this perspective in the full article on Law.com.
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