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April 30, 2008

PwC Australia forms largest multi-disciplinary partnership

PricewaterhouseCoopers (PwC) Australia has integrated the legal business operated by its associate firm, PwCLegal, into the PwC Australia partnership, forming what the firm said is Australia’s largest multi-disciplinary partnership (MDP).

Under the new structure, all legal partners and employees previously operating in PwCLegal will join PwC Australia. The MDP will initially be based in the eastern states of New South Wales and Victoria, and will expand to the other states in due course.

PwC Australia legal services leader Andrew Wheeler said the partnership is part of a global strategy. “The move to a single partnership model for the delivery of both legal and non-legal services aligns with PwC’s global legal strategy of providing legal services that complement the firm’s core tax, advisory and assurance offerings,” Wheeler said.

“Additionally, the move will further enhance PwC’s ability to provide its clients with end-to-end solutions as well as simplify their acquisition of professional services.”

The new partnership has received the support of the New South Wales Law Society. The society’s president, Hugh Macken, said: “PwC’s move is unique in terms of the scale, depth and breadth of its legal service offerings in a multi-disciplinary environment. The market for legal services in Australia is sophisticated, and I am sure many organisations will appreciate the benefits of receiving both legal and non-legal services from the one provider.”

PwC Australia deputy chief executive Leigh Minehan said the Big Four firm has been working towards the new partnership for some time. “The newly formed MDP provides our clients with seamless access to specialist legal expertise in areas of corporate and commercial, employment and industrial relations, tax controversy, environment, property and litigation, as well as new areas of legal practice such as corporate tax consulting services,” Minehan said.

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