diff --git a/commands/version/README.md b/commands/version/README.md
index f30c5ec5a7..9800481996 100644
--- a/commands/version/README.md
+++ b/commands/version/README.md
@@ -70,6 +70,7 @@ Running `lerna version --conventional-commits` without the above flags will rele
     - [`--no-granular-pathspec`](#--no-granular-pathspec)
     - [`--no-private`](#--no-private)
     - [`--no-push`](#--no-push)
+    - [`--npm-client-args`](#--npm-client-args)
     - [`--preid`](#--preid)
     - [`--signoff-git-commit`](#--signoff-git-commit)
     - [`--sign-git-commit`](#--sign-git-commit)
@@ -398,6 +399,42 @@ Note that this option does _not_ exclude [private scoped packages](https://docs.
 By default, `lerna version` will push the committed and tagged changes to the configured [git remote](#--git-remote-name).
 Pass `--no-push` to disable this behavior.
 
+### `--npm-client-args`
+
+This option allows arguments to be passed to the `npm install` that `lerna version` performs to update the lockfile.
+
+For example:
+
+```sh
+lerna version 3.3.3 --npm-client-args=--legacy-peer-deps
+
+lerna version 3.3.3 --npm-client-args="--legacy-peer-deps,--force"
+
+lerna version 3.3.3 --npm-client-args="--legacy-peer-deps --force"
+```
+
+This can also be set in `lerna.json`:
+
+```json
+{
+  ...
+  "npmClientArgs": ["--legacy-peer-deps", "--production"]
+}
+```
+
+or specifically for the version command:
+
+```json
+{
+  ...
+  "command": {
+    "version": {
+      "npmClientArgs": ["--legacy-peer-deps", "--production"]
+    }
+  }
+}
+```
+
 ### `--preid`
 
 ```sh
diff --git a/commands/version/command.js b/commands/version/command.js
index dee6d6e76c..f840931b93 100644
--- a/commands/version/command.js
+++ b/commands/version/command.js
@@ -168,6 +168,10 @@ exports.builder = (yargs, composed) => {
       requiresArg: true,
       defaultDescription: "v",
     },
+    "npm-client-args": {
+      describe: "Additional arguments to pass to the npm client when performing 'npm install'.",
+      type: "array",
+    },
     y: {
       describe: "Skip all confirmation prompts.",
       alias: "yes",
diff --git a/commands/version/index.js b/commands/version/index.js
index 8f210e827f..b9abcbc1cd 100644
--- a/commands/version/index.js
+++ b/commands/version/index.js
@@ -616,11 +616,14 @@ class VersionCommand extends Command {
       );
     }
 
+    const npmClientArgsRaw = this.options.npmClientArgs || [];
+    const npmClientArgs = npmClientArgsRaw.reduce((args, arg) => args.concat(arg.split(/\s|,/)), []);
+
     if (this.options.npmClient === "pnpm") {
       chain = chain.then(() => {
         this.logger.verbose("version", "Updating root pnpm-lock.yaml");
         return childProcess
-          .exec("pnpm", ["install", "--lockfile-only", "--ignore-scripts"], this.execOpts)
+          .exec("pnpm", ["install", "--lockfile-only", "--ignore-scripts", ...npmClientArgs], this.execOpts)
           .then(() => {
             const lockfilePath = path.join(this.project.rootPath, "pnpm-lock.yaml");
             changedFiles.add(lockfilePath);
@@ -634,7 +637,11 @@ class VersionCommand extends Command {
         chain = chain.then(() => {
           this.logger.verbose("version", "Updating root package-lock.json");
           return childProcess
-            .exec("npm", ["install", "--package-lock-only", "--ignore-scripts"], this.execOpts)
+            .exec(
+              "npm",
+              ["install", "--package-lock-only", "--ignore-scripts", ...npmClientArgs],
+              this.execOpts
+            )
             .then(() => {
               changedFiles.add(lockfilePath);
             });
diff --git a/core/lerna/schemas/lerna-schema.json b/core/lerna/schemas/lerna-schema.json
index 2fd7e24cce..4db8c6eb07 100644
--- a/core/lerna/schemas/lerna-schema.json
+++ b/core/lerna/schemas/lerna-schema.json
@@ -1067,6 +1067,9 @@
             "npmClient": {
               "$ref": "#/$defs/globals/npmClient"
             },
+            "npmClientArgs": {
+              "$ref": "#/$defs/globals/npmClientArgs"
+            },
             "loglevel": {
               "$ref": "#/$defs/globals/loglevel"
             },
@@ -1123,6 +1126,9 @@
     "npmClient": {
       "$ref": "#/$defs/globals/npmClient"
     },
+    "npmClientArgs": {
+      "$ref": "#/$defs/globals/npmClientArgs"
+    },
     "loglevel": {
       "$ref": "#/$defs/globals/loglevel"
     },
@@ -1423,6 +1429,13 @@
         "default": "npm",
         "enum": ["npm", "yarn", "pnpm"]
       },
+      "npmClientArgs": {
+        "type": "array",
+        "items": {
+          "type": "string"
+        },
+        "description": "Arguments to pass to the npm client when running commands."
+      },
       "loglevel": {
         "type": "string",
         "description": "The level of logging to use when running commands. Defaults to info if unspecified.",
diff --git a/e2e/version/src/npm-client-args.spec.ts b/e2e/version/src/npm-client-args.spec.ts
new file mode 100644
index 0000000000..c04b8c466d
--- /dev/null
+++ b/e2e/version/src/npm-client-args.spec.ts
@@ -0,0 +1,97 @@
+import { Fixture, normalizeCommitSHAs, normalizeEnvironment } from "@lerna/e2e-utils";
+
+expect.addSnapshotSerializer({
+  serialize(str: string) {
+    return normalizeCommitSHAs(normalizeEnvironment(str));
+  },
+  test(val: string) {
+    return val != null && typeof val === "string";
+  },
+});
+
+describe("lerna-version-npm-client-args", () => {
+  let fixture: Fixture;
+
+  beforeEach(async () => {
+    fixture = await Fixture.create({
+      name: "lerna-version-npm-client-args",
+      packageManager: "npm",
+      initializeGit: true,
+      runLernaInit: true,
+      installDependencies: true,
+    });
+    await fixture.lerna("create package-a -y");
+
+    // eslint-plugin-react-app@6.2.2 requires a peer dependency of eslint@"6.x".
+    // Without it, the npm install at the end of `lerna version` will fail if
+    // --legacy-peer-deps is not passed correctly.
+    await fixture.updateJson("package.json", (json) => ({
+      ...json,
+      dependencies: {
+        ...(json.dependencies as Record<string, string>),
+        "eslint-plugin-react-app": "6.2.2",
+        eslint: "8.25.0",
+      },
+    }));
+    await fixture.exec(
+      "npm install eslint-plugin-react-app@6.2.2 eslint@8.25.0 --save=false --legacy-peer-deps"
+    );
+    await fixture.createInitialGitCommit();
+    await fixture.exec("git push origin test-main");
+  });
+  afterEach(() => fixture.destroy());
+
+  it("should add npmClientArgs to npm install at the end of the version command", async () => {
+    const output = await fixture.lerna("version 3.3.3 -y --npm-client-args=--legacy-peer-deps");
+    expect(output.combinedOutput).toMatchInlineSnapshot(`
+      lerna notice cli v999.9.9-e2e.0
+      lerna info current version 0.0.0
+      lerna info Assuming all packages changed
+
+      Changes:
+       - package-a: 0.0.0 => 3.3.3
+
+      lerna info auto-confirmed 
+      lerna info execute Skipping releases
+      lerna info git Pushing tags...
+      lerna success version finished
+
+    `);
+  });
+
+  it("should support multiple arguments, comma delimited", async () => {
+    const output = await fixture.lerna('version 3.3.3 -y --npm-client-args="--legacy-peer-deps,--fund"');
+    expect(output.combinedOutput).toMatchInlineSnapshot(`
+      lerna notice cli v999.9.9-e2e.0
+      lerna info current version 0.0.0
+      lerna info Assuming all packages changed
+
+      Changes:
+       - package-a: 0.0.0 => 3.3.3
+
+      lerna info auto-confirmed 
+      lerna info execute Skipping releases
+      lerna info git Pushing tags...
+      lerna success version finished
+
+    `);
+  });
+
+  it("should support multiple arguments, space delimited", async () => {
+    const output = await fixture.lerna('version 3.3.3 -y --npm-client-args="--legacy-peer-deps --fund"');
+    expect(output.combinedOutput).toMatchInlineSnapshot(`
+      lerna notice cli v999.9.9-e2e.0
+      lerna info current version 0.0.0
+      lerna info Assuming all packages changed
+
+      Changes:
+       - package-a: 0.0.0 => 3.3.3
+
+      lerna info auto-confirmed 
+      lerna info execute Skipping releases
+      lerna info git Pushing tags...
+      lerna success version finished
+
+    `);
+  });
+});