EY takes over Riverview Law in the UK
Big 4 firm EY has announced that it will acquire Riverview Law, a firm with a particularly strong technology practice.
Chris Price, EY’s global head of alliances – tax, who will be Riverview’s new CEO once the takeover is complete, is leading the acquisition.
Figures within EY said they expect the move to help provide clients with better tools and more flexibility to deal with disruptive challenges in their sectors, and enable EY to capitalise on the burgeoning legal services sector.
The acquisition has been seen by many as an attempt to expand into providing legal services, with law firms bracing for more competition.
More to follow...