Quote:
Originally Posted by Unregistered
Anyone working in SMC/SIAC/the like? Whats the pay/hours / whats ur background?
Also interested in people working in the legal arms of the Big Four accounting firms. Looks like EY bought a full functioning law firm and pwc is an FLP, while the rest are still just legal departments? Is working in these places more like being in house counsel or more like a regular law firm? |
I think you've confused the legal in-house function, with Big 4 accounting firms (or "consulting" firms as they like to call themselves nowadays) new legal service offerings.
The former is just like working in any in-house role lor. All big corporations have a legal department. Dealing with internal issues, employment, contracts with vendors etc.
The latter is the Big 4's attempt to muscle in on legal services for external clients, provided by traditional law firms, in addition to their existing service offerings like Audit, Tax and Consulting (not as prestigious as
MBB).
For now they have to tie up with local law firms because of existing prohibitions against non-lawyer ownership of law firms.
Very soon however, I predict a liberalization in the legal sector such that accounting firms may fully own law firms. Prepare to sign on to the Big 4. Starting salaries for NQs will be < $3200/month (like auditors), as is the wish of some posters in this forum LOL. This is the future.