To study the global morphology of the galaxy distribution in our local neighbourhood we calculate the Minkowski functionals for a sequence of volume limited samples within a sphere of 8 Mpc centred on our galaxy . The well known strong clustering of the galaxies and the dominance of voids and coherent structures on larger scales is clearly visible in the Minkowski functionals . The morphology of the galaxy distribution changes with the limiting absolute magnitude . The samples , encompassing the more luminous galaxies , show emptier voids and more pronounced coherent structures . Indeed there is a prominent peak in the luminosity function of isolated galaxies for M _ { B } \approx - 14 , which at least partly explains these morphological changes . We compare with halo samples from a \Lambda CDM simulation . Special care was taken to reproduce the observed local neighbourhood as well as the observed luminosity function in these mock samples . All in all the mock samples render the global morphology of the galaxy distribution quite well . However the detailed morphological analysis reveals that real galaxies cluster stronger , the observed voids are emptier and the structures are more pronounced compared to the mock samples from the \Lambda CDM simulation .