The Future: A New Business Landscape for Professional Service Firms

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The internet has created a world without borders. Just as this new business reality has shaken industries such as manufacturing and IT – it is now hitting professional service firms. While the full ramifications of the “borderless” world are not yet clear, one thing is for sure: clients are now increasingly willing to engage professionals halfway around the world.

As traditionally local practices are forced to compete in a much wider marketplace (regional, national or even international), many firms will need to rethink the way they develop business – or risk losing out to new competitors.

This beckons two questions: How did this happen? and How do I win at the new game?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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