KPMG LLP of New York has launched KPMG Law US, a subsidiary of KPMG LLP, marking a milestone as the first law firm owned by a Big 4 firm to serve the US market.
The legal services market is experiencing rapid growth and transformation. Many businesses aim to transform their legal operations to gain a competitive advantage. KPMG Law US combines the technological capabilities of KPMG with legal services to address the evolving needs of legal departments, backed by the firm’s trusted legacy of delivering solutions when they matter most.
KPMG Law US plans to deliver a focused set of technology-enabled legal services powered by artificial intelligence and KPMG Digital Gateway, building upon the firm’s established legal business services practice. The new law firm will collaborate with the KPMG global network of law firms already operating in more than 80 jurisdictions. Together, KPMG Law US and KPMG will provide legal managed services, legal operations consulting and advanced legal technology innovation, to help clients gain efficiencies and empower their legal teams to concentrate on strategic priorities.
“KPMG is uniquely positioned to transform the delivery of legal services,” said Rema Serafi, vice chair – tax at KPMG LLP. “By combining cutting-edge artificial intelligence and advanced technology solutions with legal services, we are proud to be a first mover with this capability and to offer the most holistic range of tech-enabled services in the marketplace for our clients’ evolving needs.”
Building on the established presence of KPMG in Arizona, where more than 100 clients are currently being served, KPMG Law US will operate as an independently managed subsidiary of KPMG and maintain strategic alignment with the KPMG Tax practice. This approach combines innovation with the longstanding KPMG commitment to quality, ethics, independence and professional standards, so clients may benefit from comprehensive, integrated professional services.