Thursday, April 14, 2011

Grant Thornton LLP Announces Acquisition of Significant Portion of LECG Audit, Tax and Advisory Practice

Grant Thornton LLP, the U.S. member firm of Grant Thornton International, a global accounting organization, today announced a final agreement to acquire more than 270 professionals from the LECG Audit, Tax and Advisory practice. They will join Grant Thornton offices in Atlanta, Chicago, New York, Philadelphia and Portland.

“We are pleased to welcome these outstanding individuals to Grant Thornton LLP,” said Stephen Chipman, Chief Executive Officer. “I am confident that they will fit in perfectly with our people — intellectually curious, talented individuals who want to make a difference with their clients, in their workplace and in their communities.”

“As I have stated before, our goal is to be the leading audit, tax and advisory firm serving dynamic organizations in our chosen markets,” continued Chipman. “Dynamic companies are companies that are ambitious and growing, expanding internationally. They are dealing with critical events or transactions and are in need of our value-added, integrated service solutions. We will continue to explore additional strategic mergers and acquisitions as our balance sheet is healthy and we are in a position to attract similar talent.”

Prior to merging with LECG, the portion of the business that Grant Thornton is acquiring was known as Smart Business Advisory and Consulting and was the largest independent accounting firm based in the Philadelphia area.

About Grant Thornton LLP

The people in the independent firms of Grant Thornton International Ltd provide personalized attention and the highest quality service to public and private clients in more than 100 countries. Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity.

In the U.S., visit Grant Thornton LLP at

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