'The reality is very different': KPMG legal chief Stuart Bedford on what people get wrong about the Big Four’s legal ambitions

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The Non-Billable Podcast

Non-Billable

29 episodes

5 days ago

The Non-Billable Podcast takes UK legal professionals beyond the billable hour, bringing you interviews with top lawyers, law firm leaders, industry experts and legal tech innovators to uncover actionable insights on the business of law, career growth and the future of the industry. Hosted by Oliver Attinger, a former finance lawyer at a leading City law firm with in-house experience at an investment bank - now asking the questions he wished he had when he was practising. Brought to you by Non-Billable, the go-to newsletter for City lawyers, in-house counsel, and legal professionals.

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'The reality is very different': KPMG legal chief Stuart Bedford on what people get wrong about the Big Four’s legal ambitions

The Non-Billable Podcast

38 minutes 1 second

2 months ago

'The reality is very different': KPMG legal chief Stuart Bedford on what people get wrong about the Big Four’s legal ambitions

What role do the Big Four really play in the legal market, and how different are they from traditional firms? In this episode, we sit down with Stuart Bedford, global head of legal at KPMG, to get a first-hand view of how one of the world’s largest professional services organisations is approaching the delivery of legal services.

Stuart reflects on his own career journey, qualifying at Linklaters, building one of the City’s leading corporate practices, and eventually stepping into leadership at KPMG. He explains how his experience across multiple disciplines and jurisdictions shaped his perspective on what clients truly need from their lawyers.

We dig into what sets KPMG Law apart - why they’re not chasing the mega M&A deals that grab headlines, but instead focusing on areas where law, technology, and multidisciplinary teams intersect. From entity management and post-merger integration, to regulatory compliance and legal managed services at scale, Stuart outlines a model that looks very different to Big Law.

Finally, Stuart discusses KPMG’s expansion into the US via an Arizona ABS licence, the firm’s Legal Reimagined programme, and the opportunities created by technology, data and global delivery. If you’ve ever wondered how a Big Four legal arm competes without playing the traditional law firm game, this conversation offers a look inside.

Chapters

00:01 Introduction

01:15 Introduction & Stuart’s Early Career Path

03:18 Changing Specialisation in Law Firms

05:35 Why Stuart Moved to KPMG

08:32 Rethinking the Big Four’s Legal Offering

13:14 Post-Merger Integration & Entity Management

16:38 Technology, Data & Legal Reimagined

21:17 Delivering Managed Legal Services at Scale

25:39 Talent, Culture & Multidisciplinary Teams

29:18 Embedding Legal Within the Wider KPMG Business

31:40 Have the Big Four’s Legal Dreams Materialised?

33:31 US Expansion & the Arizona ABS Licence

38:02 Looking Ahead: The Future of KPMG Law

About Non-Billable

Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

Visit our website: ⁠⁠https://www.nonbillable.co.uk