KPMG Law to double in size over three years
The firm aims to recruit a further 220 lawyers by the end of 2024
KPMG Law – part of professional services firm KPMG – has announced plans to double in size over the next three years.
The firm said it is set to invest to grow its legal services offering; it aims to recruit a further 220 lawyers by the end of 2024, including 45 partners and directors. This will bring the total number of lawyers at KPMG Law to over 400.
The commitment to invest in KPMG Law recognises the demand for quality, integrated legal services from the firm’s client base and the importance of the UK market to KPMG Global Legal Services’ growth strategy, said the firm.
KPMG Law was established in 2014 and is integrated within the wider UK firm alongside the tax, consultancy and deal advisory practices. The firm said its expansion plans are a “critical element” of KPMG UK’s £300m wider growth strategy, driven by chief executive Jon Holt, to support the long-term growth and transformation of the business.
The legal services business has multiple teams, including corporate deals and structuring, financial services, commercial technology and data, workforce, tax disputes, family office and private client legal, company secretarial, global entity management, legal operations and managed legal services.
Stuart Fuller, head of global legal services at KPMG, said: “It’s an exciting time for our Global Legal Services business as we create a different type of law offering.
“We’re delivering integrated legal services with high performing lawyers supporting businesses across their geographic footprint. Few can match such reach. We look forward to realising our growth ambition and potential in the UK, which is fundamental to our global legal services business.”
Nick Roome, head of KPMG Law in the UK, said: “The UK legal services market is growing and evolving rapidly. Technology is disrupting the market and clients are changing the way they buy legal services.
“As business leaders, in-house counsel and high net worth individuals face a myriad of complex issues, there is a real drive towards quality counsel that’s empowered by cutting-edge technology and is thoroughly integrated with other advisory services. This connected approach is a key principle that has shaped our vision for KPMG Law and has made our practice a critical element of KPMG’s future growth strategy”.
He added: “We’ve built an incredible team of real specialists and experts in their respective fields. We’re now focused on adding further depth and scale to our core offering and sector expertise, while also exploring new growth areas.
“We’re focused on growing with the right culture. For us, that means building a diverse team of commercial, entrepreneurial and gifted technicians. In return, we’re offering an exciting opportunity to work across borders and business areas, with enabling technology and the license to innovate.”