Deloitte Not Ready to Practice Law in U.S., Tax Unit Chief Says

Deloitte is downplaying the possibility of using state changes in legal service ownership rules to more aggressively compete against Big Law in the U.S.

“We are monitoring these developments,” said Steve Kimble, U.S-based CEO of Deloitte Tax, in a recent interview. “At this point in time, though, we just don’t believe it’s practical to enter the practice of law.”

The comments dampen speculation by industry observers that ownership changes states are adopting will entice Deloitte and others in the Big Four—KPMG, PwC, and EY—to tap into the largest global legal market they’ve up until now been forbidden from entering.

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