Comments on: How lawyers are leading the way

By: Are lawyers brighter than accountants? | AccMan

Are lawyers brighter than accountants? | AccMan — Sun, 19 Jul 2009 10:55:06 +0000

[...] argument would not be: Are accountants as ’stupid’ as lawyers? I think there is plenty of evidence to the contrary. Rather, how willing are you to be different and demonstrate that you want to learn? Of course you [...]

By: Francine McKenna

Francine McKenna — Fri, 29 May 2009 20:33:19 +0000

Hi Dennis,

I was physically present and I would say that the 250 or so in the room were a very interesting and engaged crowd. I was also impressed at the organization of the conference. Lots of vendors and sponsors, very service oriented and great engagement by the business leaders of Total Attorneys, the corporate sponsor of the conference. I liked what I saw.

By: Dennis Howlett

Dennis Howlett — Fri, 29 May 2009 18:19:11 +0000

"Lawyers have no recurring income" – not always true and a direction they'd like to move away from. More so in the US though I found that my clients were pretty loyal.

By: Mark Lee

Mark Lee — Fri, 29 May 2009 17:21:43 +0000

Thanks for the name check Dennis
Just to clarify. I don't think we really do disagree as to whether Twitter COULD be useful for UK accountants in practice. My observations are simply based on whether they NEED to consider it (yet).

I'm less surprised than you to learn that "lawyers are leading the way in adopting new ways of reaching their market, making themselves more efficient and recreating their business models".

Lawyers have no recurring income. UK accountants in practice typically have recurring income equal to between 75% and 85% of their turnover. This leads to a very different mindset as compared with other professional service providers.

(The UK tax and accountancy twitter listing is now upto almost 70 tweeters – only a minority are regular tweeters) http://www.TaxAdviceNetwork.co.uk/twitter