BrazilKPMG beefs up Legal division in Asia Pacific with ZICO Law deal
Big Four firm KPMG has significantly expanded its Legal division with the acquisition of a large part of ZICO Law, an ASEAN-focused association of law firm.
Since founding in 19887, ZICO Law has grown into a network of independent local law firms with a presence in all 10 ASEAN countries. Effective today, 275 of the network’s 300 professionals are joining KPMG, one of the world’s largest professional services firms.
The acquired team joins more than 2,900 legal professionals in KPMG’s Legal division, and will form the core of the firm’s footprint in the ASEAN and wider Asia pacific region.
Commenting on the deal, Stuart Fuller, Global Head of Legal Services at KPMG, commented: “This expansion reflects KPMG’s commitment to support clients as they seek to drive their businesses in times of exponential change. The need for deep, local experience coupled with global insights and technology solutions has never been greater.”
“For KPMG, the overall agreement with the firms in the ZICO Law network increases the total number of legal professionals to close to 3,200 across 84 jurisdictions, all working to help support clients as they navigate the increasing strategic and economic importance of the Asia Pacific region.”
Meanwhile, Hanim Hamzah, Regional Managing Partner of the ZICO Law network said that its members firms look forward to joining the global powerhouse of KPMG. “The move will expand our legal offerings and build our market leadership to create more value for clients.”
Hamzah added that by merging into KPMG’s wider network, “our people will be able to enjoy a more robust professional journey in their careers.”
ZICO Law members firms transferring to KPMG are based in: Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
