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  • 1 month ago | news.bloombergtax.com | Justin Henry |Jeff Harrington

    KPMG must overcome a prohibition against giving legal advice to audit clients as it becomes the first Big Four accounting firm to practice law in the US. The prohibition stops the company from gaining potential legal customers from the hundreds of Fortune 500 and privately held companies it audits. KPMG agreed to the limitation to win Arizona Supreme Court approval Thursday to practice law in the state.

  • 1 month ago | news.bloomberglaw.com | Justin Henry |Amanda Iacone

    A logo above the KPMG office building in Prague, Czech Republic, on Monday, Aug. 26, 2024. Photographer: Milan Jaros/Bloomberg PrintEmailFeb. 28, 2025, 10:00 AM UTCKPMG Must Pivot Around Audit Clients in Creating US Law PracticeKPMG’s Arizona law firm can’t ethically work with audit clientsInternal KPMG watchdog pledges to ensure compliance KPMG must overcome a prohibition against giving legal advice to audit clients as it becomes the first Big Four accounting firm to practice law in the US.

  • 1 month ago | news.bloombergtax.com | Justin Henry |Roy Strom

    KPMG gained approval to practice law in Arizona, making it the first Big Four accounting, tax, and consulting company set to operate a law firm in the US. The Arizona Supreme Court today granted KPMG a license to operate a so-called alternative business structure. KPMG Law US will be an independent law firm operated as a wholly-owned subsidiary of the company. The law firm will provide legal services that include integrating legal contracts and tech systems after corporate mergers, KPMG has said.

  • 1 month ago | news.bloombergtax.com | Justin Henry |Roy Strom

    XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

  • 1 month ago | news.bloombergtax.com | Justin Henry |Roy Strom

    KPMG gained approval to practice law in Arizona, making it the first Big Four accounting, tax, and consulting company set to operate a law firm in the US. The Arizona Supreme Court today granted KPMG a license to operate a so-called alternative business structure. KPMG Law US will be an independent law firm operated as a wholly-owned subsidiary of the company. The law firm will provide legal services that include integrating legal contracts and tech systems after corporate mergers, KPMG has said.

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