IBA Virtually There 2020 Webinar: Falling walls? A closed shop no longer: understanding ‘legal services’; who should provide and who should profit

6 November 2020 Zoom Webinar

So how do we define legal services and who should profit? The lawyers or those beyond the walls? Given the evolutionary characteristics of legal services and an ever-changing and fast-moving legal marketplace, one must go back to the basics to have a much wider meaning over time.

This session will explore in particular whether there has been an impact on firms who have gone out and found independence and whether that model has responded to challenges where it is permitted: were they able to raise funds? If so, what has been the impact? If the concept of legal services is in flux – then who should benefit?

We will consider examples from the UK, Spain and Australia concerning law firms that have third party investors.

Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: