Talent wars, retirement and technological advances fundamentally reshape how professional services operate and thrive. Evolution is no longer an option for accounting and law firms – it’s an absolute necessity, say consultants Rachel Anevski, CEO of Matters of Management, and Jessica Leigh Levin, CEO of Seven Degrees and fractional COO for Abacus Worldwide.
Their new book, Accounting for Times: Evolve or Dissolve, examines the critical juncture at which accounting and law firms find themselves in the modern era. It addresses the urgent need for these firms to adapt and evolve in the face of significant cultural, technological and market changes.
Rooted in academic research and first-hand experience, the book explores the challenges and opportunities for industry professionals, including work-life balance, the need for working capital due to a mass retirement departure, and the growing importance of firm culture. It offers insights into the evolution of professional services firms, the significance of adapting to change, and the role of human capital in driving firm growth and sustainability.
The book is a call to action for leaders and professionals in accounting and law firms to embrace change, innovate and reimagine their businesses to secure a prosperous future in an increasingly complex and competitive world.
Accounting for Times: Evolve or Dissolve, ISBN: 9798333148964, is available on Amazon.com