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Clarity


Welcome to Clarity, a podcast powered by the Thomson Reuters Institute. In each episode, we dive deep into a single question from decision-makers and thought leaders from legal, corporate, tax, accounting & audit, and government communities. Grounding the conversation in the Institute’s research and practice leads’ domain expertise. In each episode, we sit down with a special guest or panel of experts from our community of partners, clients, and key leaders in each industry we serve.

Oct 21, 2025

The tax, audit & accounting industry faces a defining moment — and doing nothing is the riskiest strategy of all. In this eye-opening podcast, M&A expert Bob Lewis, President of the Visionary Group, reveals why more than 60% of top tax firms have already taken outside capital, fundamentally reshaping the competitive landscape. Lewis also discusses why hourly billing leaves a lot of money on the table, how to unlock hidden capacity, and why AI will slash labor costs by 20% while doubling revenue per tax professional.