TBA Law Blog


Posted by: Azya Thornton on Jan 13, 2025

KPMG, a global network of independent firms offering audit, tax and advisory services, is seeking to launch a new legal services business in the United States, leveraging the relaxed law firm ownership rules in Arizona, according to Reuters. KPMG Law US, a subsidiary of KPMG US, has applied to the Arizona Supreme Court to operate as an alternative business structure under a state program that allows non-lawyers to co-own law firms. The Arizona location would offer compliance, contract-related services and other outsourced legal work. A committee will review the application at a meeting tomorrow. If approved, the application then will go to the court for final approval. In 2020, Arizona became the first state to lift restrictions on non-lawyers owning an economic interest in law firms, allowing co-ownership with court approval. Since 2021, the Arizona court has approved more than 100 alternative legal business structures.