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Location: London

Capability: Tax & Law

Experience Level: Director

Type: Full Time

Service Line: Legal Services

Contract type: Permanent

Job description

KPMG Law has a vision to become one of the world's largest legal practices, integrated as part of a broader multi-capability professional services firm and #1 of the Big Four. In an ever more complex and fast-moving business environment, clients are demanding connected business solutions delivered at scale, harnessing the power of technology and leveraging deep commercial acumen. Developing market leading legal capabilities in key disciplines is core to achieving this vision and represents a unique and exciting opportunity for ambitious and talented legal professionals.

At a global level, KPMG Law already employs over 3,000 lawyers in 81 different countries across the world and is continuing grow rapidly year on year.

A cornerstone of the firm’s strategy in law is the UK market. As the second largest legal market in the world, it is critical to our global aspirations. KPMG Law was first set up in 2014 (the first major multi-disciplinary ABS in the UK) and operates out of five hubs across the UK in London, Leeds, Manchester, Reading and Birmingham.

Over the next three years, it is set to double the size of its UK legal practice as it pushes forwards with plans for its “once-in-a-generation” growth strategy. As part of this strategy, KPMG plans to expand and enhance its existing legal team of 190 lawyers in the UK by hiring an additional 200+ lawyers by the end of 2024. The new hires will include 45 partners and directors. The UK practice has shown tremendous growth to date, +36% in 2021 and a similar level in the current financial year. The investment plans will push the business to £100m turnover by 2026.

We’re working together to be the fastest growing, most connected, most trusted professional services firm in the UK. The payments practice is a successful and growing segment of FS and a Global Strategic Priority for the firm.

The mandate for the insurance partner is to:

• Build a long term and sustainable business, delivering on KPMG’s strategy for insurance clients
• Build the KPMG Law brand through developing relationships with general counsel and chief compliance officers in the sector
• Be a Magnet for Talent at KPMG Law to achieve the long terms vision to be the biggest and most trusted regulatory legal team outside of the Magic Circle

The Role of a Director

All KPMG Law directors play a key role in helping to run a major global business with ambitious growth plans.

We look for these characteristics in our directors:

• Integrity and the determination to act according to the highest ethical standards
• All-round commitment to service excellence
• Innovation and entrepreneurialism, with the appetite and vision to leverage the power of technology
• Business acumen, strategic awareness, and financial discipline
• Ability to build internal and external relationships based on mutual respect, trust, and confidence
• Be able to drive incremental profitable growth in a way that aligns with the wider business structure and strategy
• Be highly regarded for their professional skills
• Work collaboratively for the good of the firm
• Be willing to share clients and able to build a practice beyond themselves
• Be willing to refer work to fellow Partners and Directors and delegate efficiently to Associates, and others

Why KPMG Law:

• Our vision is to bring a fresh approach, delivering better business outcomes and transforming legal services for good.
• Our aim is to invest to disrupt and create the UK’s leading integrated legal services business.
• Our approach allows us to supply rounded legal solutions inspired by a deep industry knowledge and business insights from our wider practice areas of Tax, Consulting and Deal Advisory. All supported by a global legal network
• Our differentiator is our multi-disciplinary approach that sets us apart and which, from day one, will give you the opportunity to experience a broad range of legal projects with exposure to the wider KPMG network, here and abroad

KPMG is very different to most law firms, it’s entrepreneurial and a very exciting proposition for the right candidate. It offers new opportunities to differentiate and stand out from the market. We give our lawyers complete permission to think big, open their minds to new ways of working, always asking the question “is there a better way?” to deliver great outcomes for our clients.

The Payments Strategy

KPMG has a significant opportunity to leverage the disruption in the market plus our unique position to grow a substantial business focussed on payments advice.

KPMG is program managing the most significant change in the payments landscape for a generation with the implementation of the New Payments Architecture with Pay.UK. This coupled with our other strong credentials plus the significant disruption in the payments market puts us in a strong position to significantly build our market share. The disruption in place is driven by the following:

• Payments infrastructure transformation with the implementation of the new payments architecture
• Open Banking is at a turning point in the UK with a 5 fold increase in open banking payment transactions over the past 12 months with increased conversion rates compared to cards, reduced costs and little to no fraud
• Digital Currency is on the agenda of the Bank of England with likely design and implementation over the coming years which will be a fundamental addition to the UK Payments landscape, bringing significant complexity as well as opportunity

The new Director will bring deep payments experience across a number of payment domains, have experience of leading large scale payment transformations as well as have an established network across our clients to help drive the growth of the KPMG Law business.

This role will be targeting our KPMG traditional FS clients as well as all those who are transitioning as a part of the New Payments Architecture program plus payments system providers, schemes and Fintechs.

Why Tax & Law at KPMG?

The issues surrounding tax and legal services are constantly evolving, both locally and globally. Which is why you'll find life at KPMG both intellectually stimulating and rewarding. There's also the scale and breadth of what we do – our services span specialisms such as Corporate and Indirect Tax; Expatriate and Private Client Personal Tax compliance and advice; and KPMG Law.

Read about Tax & Law