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KPMG Becomes The First Member Of The Big Four To Open US Law Firm - Above the Law

Summary by Above the Law
Big changes are coming to the practice of law — at least in Arizona — now that KPMG, a Big Four accounting firm, has officially obtained a license to offer legal services under the state’s alternative business structure program. KPMG is now the first member of the Big Four to own a law firm servicing US clients. The only catch is that KPMG Law US will not be able to perform legal services for any clients for which it already conducts financial s…

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Above the LawAbove the Law

KPMG Becomes The First Member Of The Big Four To Open US Law Firm - Above the Law

Big changes are coming to the practice of law — at least in Arizona — now that KPMG, a Big Four accounting firm, has officially obtained a license to offer legal services under the state’s alternative business structure program. KPMG is now the first member of the Big Four to own a law firm servicing US clients. The only catch is that KPMG Law US will not be able to perform legal services for any clients for which it already conducts financial s…

·United States
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slaw.caslaw.ca

Big Four Fear is Unfounded

Fearmongering and fretting about impacts of the Big Four on the legal services sector are the equivalent of tilting at windmills and just as pointless. I’m tired of overheated headlines and breathless reporting. No, I’m not talking about the trials and tribulations of tariffs and trade. I’m talking about the handwringing and blathering around KPMG’s successful application to practice law in Arizona. For the love of all that’s holy, handwringers …

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LawFuelLawFuel

KPMG Makes History As It Enters US Legal Market

KPMG has broken new ground in the US legal market with the Arizona Supreme Court approving KPMG Law US to practice as an alternative business structure, marking the first time a Big Four accounting firm can legally practice law in the United States. The approval comes under Arizona's reformed regulations. Enacted in 2020, these changes allow non-lawyers to have economic interests in law firms. KPMG was quick to seize this opportunity. The questi…

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LawFuel broke the news in on Friday, February 28, 2025.
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