London, 12th June, 2024 -- Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of London-based Chris Price as EMEA Head of Alvarez & Marsal Legal Services (AMLS) business. Mr. Price’s hire follows A&M’s recent AMLS launch and demonstrates the firm’s commitment to provide comprehensive management and support services to law firms worldwide.
AMLS offers an integrated approach that includes streamlining operations, strategic growth advice and assistance in raising funds to finance growth acquisitions, particularly needed by middle market law firms. As the latest leadership hire, Mr. Price aligns with AMLS’ mission to provide the sector, functional and operational expertise required to help law firms meet growth and profitability challenges.
He will advise AMLS clients on operational approaches and capital investments that solve their talent and technology gaps. Mr. Price, who focuses on service innovation and integration for eliminating obstacles to clients’ growth, embodies ALMS’ commitment to help law firms achieve improved client service whilst driving greater efficiency and cost effectiveness by addressing their operating model concerns.
Previously, Mr. Price served as EY’s Managing Partner for Financial Services Law in the UK and led that firm’s Legal Transformation and Legal Co-Sourcing practice globally. Prior to that, he led EY’s acquisition of Riverview Law and served as Riverview’s CEO during its integration into EY. Additionally, Mr. Price led EY’s Europe, the Middle East and Africa (EMEIA) Financial Services Organization (FSO) Tax and Law business as well as its People Advisory Services globally.
Bryan Marsal, Alvarez & Marsal’s Co-founder and Co-CEO, said,
“Our legacy of operational excellence and our track record of helping clients maximize value by driving change uniquely positions A&M to support law firms seeking sustainable growth. Chris’ appointment enhances our global network of practitioners with the specialized functional and legal sector expertise that clients require. ALMS’ innovative technology platforms and resourcing models will help law firms break through barriers to sustainable profitability.”
Peter Sacripanti, the Global Head of AMLS and Senior Advisor to A&M’s Co-CEOs, stated,
“Chris’ appointment represents AMLS’ accelerated talent growth strategy in response to market demand. As law firms, particularly those in the middle market, grapple with competition for talent and capital-intensive technology requirements, Chris’ joining furthers our ability to help clients enhance their services and lower their costs.”
Mr. Price added,
“A&M’s operational orientation and results-driven mindset dovetail with my approach. The firm’s integrated platform and storied history of maximising value provide a solutions pathway for law firms seeking to modernise and optimise their client service delivery and their operating costs against the backdrop of a fast moving but often confusing technology environment with intensifying competition for talent.”
Sourced from: Alvarez and Marsal