If the accountants’ forays into the legal market have yet to challenge law firms in key markets, a concern in the profession is that the Big Four would make a major play with alternative service models. As such there will be some nervous glances cast as PwC this week confirmed that the accountancy giant is to launch a contract lawyering service, entering a fast-growing market so far dominated by firms like Axiom and Lawyers On Demand.
The service, called Flexible Legal Resources, will initially focus on the financial services sector but PwC’s pool of contract lawyers will eventually cover clients from all sectors providing support work for corporate, commercial and data protection.
