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Sustainable strategies to navigate a changing economy.

Support to operate in the new reality

Managing a legal practice while maintaining financial affairs can be a challenge, especially while navigating the ever-changing economic environment, an integrated workforce, technology advancements, labour shortages, customer expectations, and more.

The environment for legal professionals is competitive. As a professional services organization, BDO understands the hurdles facing today's firms. Our team of industry professionals utilizes holistic business practices that reflect the end-to-end operation and delivery of legal services. 

Whether you are just starting out or have a successful practice, we are with you every step of the journey to help you address the most critical industry challenges—from strategic direction setting and market positioning to digital investment strategy and cybersecurity. Our professional team of accountants, tax specialists, and advisors build on their extensive experience to provide real-world answers and solutions for our clients.

Featured insights and offerings for the legal industry

Resources to support your business

The integrated and modern law firm

This report outlines the workplace challenges facing the legal industry and addresses how we can help.

Learn more

Business stages for the legal industry

Maximize efficiency and performance of existing systems, processes, and people for greater financial growth.

Perform, assess & optimize

Secure your most important assets through critical, preventative, and corrective measures.

Secure, protect & investigate

Guidance and advice that service the legal services industry

Financial statements tell the financial story of your business and give investors and lenders crucial information about how it's doing. That's why it's imperative that you have the insight you need for your financial reporting and tax filings. Our accounting advisors use best-in-class tools and data to offer a streamlined approach and help your business navigate this often-complex landscape.

Each business valuation is based on a unique set of factors—financing, business models, acquisitions, re-organizations, succession plans—and requires a thorough understanding of the industries involved. BDO's Chartered Business Valuators (CBVs) bring extensive experience working with owner-managed businesses to large public companies, always taking the time to understand your business and offering tailored services for individual client needs—from financial and tax reporting to transaction and litigation support to complex financial instruments.

Timely and objective insight into your asset value is critical to making informed business decisions. From obtaining financing to insuring, buying, or selling property, the fine details are critical to a real estate appraisal. BDO's integrated, national team applies its in-depth, local knowledge of real estate markets across Canada and extending to the U.S., allowing us to serve clients with portfolios in multiple jurisdictions.

In today's fast-paced and highly competitive business world, inorganic growth is an important tool in any company's success. We can help turn your growth goals into strategic pathways. With access to global networks and extensive expertise across industries, our M&A team supports mid-market businesses with acquisition strategy development and execution, sale preparation, divestitures, vendor due diligence, and more.

BDO Private Wealth is a leading advisor to high-net-worth individuals, families, and their businesses—helping preserve and grow their wealth. We go beyond personal tax planning to deliver overall tax optimization, including estate planning and intergenerational transfers, structuring asset ownership, investment holding companies, trusts, foundations and partnerships.

Get an experienced, trusted team of advisors that knows your organization inside and out. We manage your operations and financials—including cloud accounting, payroll, CFO and controllership services, financial reporting and tax filings, and more—and empower you to succeed and thrive.

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