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Deal Provides Investment Industry with Flexible, Innovative Approach to Manage Risk
TORONTO, May 6, 2021 /CNW/ - Borden Ladner Gervais LLP (BLG) today announced the acquisition of AUM Law Professional Corporation (AUM Law), a Canadian law firm that offers legal and regulatory compliance advice to the asset management industry. The transaction combines BLG's deep expertise and long-standing counsel in the investment management industry with AUM Law's fixed-fee regulatory compliance offerings, providing clients with an efficient, innovative approach to help them manage a wide array of legal and regulatory compliance obligations. Financial terms of the transaction were not disclosed.
"Our clients rely on us to stay ahead of change and help them navigate the complex business landscape," said John Murphy, National Managing Partner and CEO, BLG. "This acquisition, which is the first of note in our sector in several years, is evidence of our commitment to embrace innovation to transform the practice of law and bring new services to our clients as quickly as possible."