Alvarez & Marsal Launches Outsourcing Services for Law Firms to Improve Back-Office Functions and Provide Assistance in Raising Funds for Growth
NEW YORK–(BUSINESS WIRE)–Leading global professional services firm Alvarez & Marsal announced the formation of its Alvarez & Marsal Legal Services (AMLS) business, which will provide management and consulting services to law firms worldwide. AMLS gives access to world-class technology and outsourcing services to improve the effectiveness and efficiency of back-office functions including finance, human resources and legal operations, such as document management.
Additionally, AMLS offers an integrated approach that includes strategic growth advice and assistance in raising funds to finance growth acquisitions, particularly needed by middle market law firms.
The AMLS leadership team is comprised of senior leaders from major U.S. and UK law firms who bring sector, functional and operational expertise required to help law firms worldwide meet growth and profitability challenges.
Tony Alvarez II, CEO and Co-founder of Alvarez & Marsal, said, “AMLS demonstrates A&M’s commitment and ability to meet evolving needs of specific industries. Combining strength in operational execution, with strategic growth advice and assistance in raising funds to finance growth, AMLS offers a unique approach to maximizing value for law firms.”
Peter Sacripanti, an A&M Managing Director and the Global Head of AMLS stated, “Our mandate is to help law firms achieve enhanced services and lower costs through innovative technology platforms and different resourcing models. The ongoing competition for talent and capital-intensive technology demands can create barriers to sustainable profitability and growth. Our integrated approach will help take law firms’ operational excellence for profitability to another level.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 9,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
To learn more, visit: AlvarezandMarsal.com.
Contacts
Sandra Sokoloff, Senior Director of Global Public Relations
Alvarez & Marsal, +1 212-763-9853