The question is whether these departments are responsible for legal services. Survey after survey has indicated that legal services are provided increasingly by independent internal legal departments. The client is the corporation and not the management. Management does not generally select lawyers because of the need for independent counsel to the corporation and not to management as such. Assumption 4 False.
Size can create effectiveness and similar services can create synergy.
However, to accomplish this the right conditions must be in place. This is not the case for the Big Four when it comes to legal services. Law has not been a commodity like accounting, auditing and consulting. False No doubt financial resources are important in expanding operations. However, as countless examples have demonstrated, financial resources are only one of many elements which result in a successful expansion.