I really liked the intro the Legal Talk Network folks wrote for this podcast, so I’m just going to quote from it:
For a long time data had shown that law firms generally generated more revenue than accounting firms overall. However, that trend has shifted within the last eight years with accounting firms enjoying greater fiscal success. What changes did the accounting world make that allowed them to surpass legal market revenue? In this report from On The Road, host Victor Li talks with Intuit small business ecosystem evangelist David Leary about the impact that embracing technology, adopting the cloud, and business innovations can have on legal industry earnings.