The LexisNexis report,“Are the Big Four reshaping the future of legal services?”, provides an overview of the different strategies adopted by the Big Four accountancy firms and by the leading law firms (see Law Firms and the Big Four). It also explains how some law firms are evolving in response to the development of a new world of legal services. But, as several commentators quoted in the report acknowledge, law firms are generally resistant to change. Why is this? There are some reasons given in the report, including inertia and the incentive structure of firms. Ben Giaretta, Partner at Fox Williams LLP, suggests three more: cash, clients and competition.