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My practice then rolls up into the “Risk Advisory Services” service line.Once the business case is formally presented and a firm commits to the investment…Recruit, train, sell and bam! This exemplifies why professional services firms cannot have a flat or rigid hierarchy.It is for that main reason that such a fluid organizational structure must be in place.Let’s forget what these groupings actually do for the time-being. Because they have to so in order to remain current with the rigorous demands of an ever-changing market landscape.Now, imagine twenty (random number) other practices such as PAS which falls under the RAS umbrella. Now once again try to imagine ten or so other service lines like RAS with once again a bunch of sub-service lines such as PAS. New practices form and old practices consolidate just about every year. Here’s an example: Imagine for a moment that a new regulation to govern “Wall Street” firms is passed and will be enforced in one year’s time.The list in-between these two examples are vast to be sure and vary greatly in complexity.Now that you understand the demand from the client side, let’s take a look at the delivery or firm side.These groupings also vary from country to country and region to region depending on client demand in that particular geography. This is a possible scenario, I might add, given today’s market conditions.These “service lines” then roll into four major divisions which are: Assurance, Transaction, Tax and Advisory. The new regulation will have a significant impact on these companies for obvious reasons. Click to learn more I’m frequently asked by friends, family, clients, job candidates and random people I encounter on my travels what it’s like to work on the advisory side of a Big 4 firm. Its goal is not to solicit top talent or self-promote services offered or whatever other angles you might have running through your head right now. Reaching this point has taken an immense amount of patience, hard work, resilience, ambition, and even a little luck. To be clear, this article has not been written under the guise of any Big Four recruiters.

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