Deloitte announces affiliation with Conduit Law
TORONTO, March 14, 2016 — Deloitte LLP (Deloitte) today announced the formation of a new legal business in Canada called Deloitte Conduit Law LLP, which will practice in an affiliation with Deloitte. Deloitte Conduit Law LLP acquired the business of Conduit Law.
The newly formed Deloitte Conduit Law LLP will offer outsourced lawyers to support in-house legal teams, meet business needs on-demand at law firms, and deliver short-term projects or special engagements.
Heather Evans, Managing Partner, Tax for Deloitte said that as the legal market continues to undergo unprecedented change, Deloitte is investing in new models through affiliated law firms to address the evolving legal requirements of clients.
“Conduit Law is a recognized leader for delivering innovative solutions that are responsive to the rapid changes we are seeing in the legal space,” said Evans. “We’re excited by what it means for our clients. Deloitte Conduit Law LLP will offer a unique and more flexible approach to legal services that enhances the capability to provide high quality solutions that reflect the changing realities of the market.”
Conduit Law President and Founder Peter Carayiannis said the deal is about their clients. “Affiliating with Deloitte to form Deloitte Conduit Law LLP means quite simply that we can offer our clients more,” said Carayiannis. “Our new business will provide a broader range of services than we are currently able to deliver and with a national footprint, but without changing our commitment to providing high quality and cost effective solutions. We’re not a start-up anymore, this is an exciting time.”
Deloitte’s Corporate Development Office (CDO) supported the transaction. Deloitte’s CDO actively pursues and responds to organizations through merger, acquisition and alliance opportunities that align with the firm’s commitment to client service excellence. “This strategic affiliation is mindful of the future direction of law,” said Alexandre Baril, Deloitte’s Corporate Development Officer. “We’re adding capabilities that keep pace with the unique changes in the Canadian market.”
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte operates in Quebec as Deloitte s.e.n.c.r.l., a Quebec limited liability partnership.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.