Search
Contact
12.07.2018 | KPMG Law Insights

Study sees Big Four legal consultancies on the rise

The legal consultancies of the major accounting firms have become serious players in the law firm market. In some areas, such as legal tech, they are even ahead, as a study by the market research company Lünendonk & Hossenfelder has shown.

In an increasingly networked world, cross-disciplinary solutions are in demand. For more and more tasks and mandates, legal expertise alone is no longer sufficient – understanding economic contexts, the client’s business model and its industry are just as important for many clients as innovative technological solutions that increase efficiency and enable completely new services.

The current Lünendonk study “Leading Commercial Law Firms in Germany” not only demonstrates the increasing competitive pressure that the Big Four’s legal advisory arms are bringing to the German law firm landscape. And it also highlights the Big Four’s gateways in. For this purpose, 32 commercial law firms and legal advisory units of accounting firms were surveyed, which, with an estimated market volume of 6.5 billion, account for more than a quarter of the total market.

One important result of the study is that the legal services provided by the accounting firms are growing more dynamically than the market as a whole. While the companies surveyed as a whole were already able to achieve strong growth in the 2016 financial year, averaging 9.3 percent, growth of 13.6 percent emerges when looking exclusively at the WP companies. So the cross-disciplinary approach is meeting demand.

Digitization on hold

The study examines how the industry is approaching digitization. While all respondents rate the strategic importance of big data, cloud services and other technological innovations as high, the majority continue to hold back on investments. Only a scant four percent of estimated revenue is expected to go to technical development outside of IT costs.

This rather wait-and-see attitude on the part of auditors is also evident when it comes to dealing with legal tech in everyday professional life. Almost all respondents are concerned with the issue. More than half, 58 percent, of the study participants already use individual legal tech applications. 75 percent, however, say that legal tech still plays a role primarily in strategy meetings or in discussions among partners. For a full eight percent, this topic of the future has played no role at all so far.

These numbers are adventurous: if all observers and participants attach great importance to the issue, then watching from the sidelines cannot be a promising strategy. Examples from other industries show that digitization is not a temporary phenomenon. We need to take the experiences of other industries to heart instead of ignoring them.

Lünendonk press feed:
Auditors push more strongly into legal advice
High starting salaries cause concern for commercial law firms

Explore #more

19.08.2026 | In the media

KPMG Law Interview in HAUFE: Even If AI Makes a Mistake, the Board of Directors Is Still Liable

AI analyzes, makes recommendations, and helps make decisions. But who bears the consequences if it makes a mistake? KPMG Law experts Vincent Manthey and Sabrina

19.08.2026 | In the media

KPMG Law Article in Bloomberg Tax: Germany’s Tax Crime Action Plan Pushes the Boundaries of the Constitution

The new 26-point action plan against tax and financial crime, issued by Germany’s finance and justice ministries, signals a shift toward tougher sanctions, closer interagency…

13.08.2026 | KPMG Law Insights

Federal Ministry of Finance Presents Draft Bill on Mandatory Use of Electronic Cash Registers and Combating Tax Evasion

In July 2026, the Federal Ministry of Finance (BMF) and the Federal Ministry of Justice (BMJV) presented an action plan to combat tax and financial

11.08.2026 | In the media

Guest article in *Versicherungsmonitor* on the topic of cyber claims regulation

Cyberattacks—particularly ransomware campaigns—pose challenges for insurers when it comes to claims settlement. When entire IT infrastructures at insured companies come to a standstill and the…

11.08.2026 | KPMG Law Insights

Transparency Requirements Under Article 50 of the AI Act: Companies Should Address These Questions Now

The transparency requirements of the EU AI Act have been in effect since August 2, 2026. These obligations apply to chatbots, AI assistants, avatars, synthetic…

10.08.2026 | In the media

Op-Ed on the Procurement Acceleration Act and Sustainable Public Procurement

On April 23, 2026, the Bundestag passed the Act on Accelerating the Award of Public Contracts. After the Act was published in the Federal Law…

05.08.2026 | Deal Notifications

KPMG Law and KPMG Advise NMP Germany on the Acquisition of Klöckner Desma Elastomertechnik GmbH

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) and KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) advised NMP Germany GmbH on the legal, tax, and financial aspects of the transaction…

04.08.2026 | In the media

Portrait of Mathias Oberndörfer in the *Börsen-Zeitung*

Mathias Oberndörfer has been with KPMG for more than 20 years—reason enough for an in-depth profile in the *Börsen-Zeitung*. The Börsen-Zeitung traces his career path…

03.08.2026 | Unkategorisiert

KPMG Law und KPMG beraten NMP Germany beim Erwerb der Klöckner Desma Elastomertechnik GmbH

Die KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) und die KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) haben die NMP Germany GmbH beim Erwerb der Klöckner Desma Elastomertechnik Gruppe…

03.08.2026 | In the media

Statement by KPMG Law experts on the EU Packaging Regulation in the business magazine *impulse*

Starting January 1, 2030, packaging must consist of at least 70 percent recyclable materials. Starting August 1, 2030, so-called “deceptive packaging” will also be banned.…

Contact

Mathias Oberndörfer

Managing Partner
Managing Director KPMG Law

Theodor-Heuss-Straße 5
70174 Stuttgart

Tel.: +49 711 781923410
moberndoerfer@kpmg-law.com

© 2026 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

Scroll