KPMG gains ABS licence as accountancy sector continues legal push
KPMG has been awarded an alternative business structure (ABS) licence by the Solicitors' Regulation Authority (SRA), as the big four accounting firms continue their push for expansion in the legal market.
October 01, 2014 at 05:37 AM
3 minute read
KPMG has been awarded an alternative business structure (ABS) licence by the Solicitors' Regulation Authority (SRA) in a major landmark for the accounting firms as it continues its push into the legal market.
The move follows in the footsteps of fellow 'big four' firm PricewaterhouseCoopers (PwC), which secured ABS licences for both its legal arm, PwC Legal, and its Middle East operations.
The award means KPMG will become the first of the big four to operate as a multi-disciplinary ABS.
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