KPMG Breaks New Ground: First Big Four-Owned Law Firm Opens in Arizona Under ABS Program

In a notable development within the legal sector, KPMG has decided to launch the first U.S. law firm operated by a Big Four accounting firm, under Arizona’s alternative business structure (ABS) program. The firm’s leaders highlight that their goal is not to replace their clients’ existing legal service providers but to meet client demands for a broader suite of professional services. The ABS program allows nonlawyer ownership of law firms and opens a pathway for KPMG to integrate its substantial technology investments into its service offerings. Industry leaders and observers are closely watching the firm’s movements as it enters this new territory. For more information, visit the full article.