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Deloitte Legal Business Services Bolsters Leadership Team with Former EY and Reed Smith Executives

Rebecca Thorkildsen and Nicholas Long to strengthen Deloitte's Contract Lifecycle Management service and M&A support offerings

NEW YORK, April 4, 2022 /PRNewswire/ -- Deloitte announced that legal business industry leaders Rebecca Thorkildsen and Nicholas Long have joined the rapidly-growing Deloitte's Legal Business Services team as managing directors, based in Chicago. At a time when data shows that having effective enterprise-level contract management is a business imperative, both strategic senior hires bring valuable experiences that will enhance Deloitte's Contract Lifecycle Management (CLM) service capabilities. And with the recent increase in M&A activity, the additional insight that the Legal Business Services team can provide with Long's arrival is critical for companies and law firms that are required to execute transactions faster at lower cost and risk.

As used in this document, "Deloitte" means Deloitte LLP. Please see  www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. (PRNewsFoto/Deloitte)
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. (PRNewsFoto/Deloitte)

Thorkildsen's history of extensive legal, managed service, and technology experience; together with Long's front-line experience with the business of law on a global scale — will help Deloitte clients in corporate legal departments transform enterprise contracting and bring new innovative approaches to the delivery of legal business services.

"As clients continue to embrace the need to improve their contracting functions, new processes and technologies will play an instrumental role in CLM transformation efforts," said Mark Ross, principal, Legal Business Services, Deloitte Tax LLP. "Nicholas and Rebecca are proven industry leaders with the vision and experience required to further accelerate our client's contract management transformation initiatives. We are thrilled to have them join our team as we continue to enhance our breadth, scale, and credibility."

Prior to joining Deloitte, Thorkildsen previously led the strategy and development of EY's Legal Managed Services annuity contract services, where she was responsible for developing the Americas go-to-market team. Prior to EY, she was a senior director at HBR Consulting where she co-led the Law Department Consulting practice bringing to bear nearly 20 years' experience in law department strategy, management, and technology consulting.

With a background in legal business service, Long most recently served as the senior director of legal operations at Reed Smith LLP. Prior to that role, he was a partner in Reed Smith's Global Corporate Group focused on M&A transactions. In addition to his past law firm experience he has extensive experience developing innovative solutions to aid in the delivery of legal services, including leading the firm's staff attorney program and serving as a director of Gravity Stack, the firm's legal technology subsidiary.

"Deloitte has been rapidly expanding its legal business services practice with some of the brightest in the business", said Rebecca Thorkildsen, managing director, Legal Business Services, Deloitte Tax LLP. "The level of commitment to providing CLM services that help clients unleash the value in their contracts is unmatched, and I'm excited to be a part of the team."

"I am really impressed with the Legal Business Services team that Deloitte has built, and I am really excited about the services we can provide to improve the performance of the M&A ecosystem, including as part of the engagement management, due diligence, post-closing integration, and legal entity management" said Nicholas Long, managing director, Legal Business Services, Deloitte Tax LLP. "Deloitte is already a leader in M&A advisory, and the additional services that we can bring to bear in Legal Business Services will really drive value for our clients."

Deloitte U.S. firms do not practice law or provide legal advice.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 345,000 people worldwide connect for impact at www.deloitte.com.

As used in this document, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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SOURCE Deloitte