EY buys out Thomson Reuters legal services

April 10 2019

Big 4 firm EY has acquired Pangea3 Legal Managed Services from Thomson Reuters. This deal continues the expansion of EY Law Practices.

During its time at Reuters, Pangea3 grew to more than 1,000 legal professionals and operated across three continents. EY hopes the acquisition will improve its legal services offering, particularly when it comes to lifecycle management, regulatory risk and litigation.

This acquisition follows a pattern. EY bought Riverview Law in August 2018 and appointed tax specialist Chris Price CEO of the practice. The firm now has more than 2,400 lawyers active in 84 countries.

The Big 4 have each expanded into legal services over the last several years. PwC was the first to pursue an alternative business structure license in 2013, but EY and KPMG soon followed. Deloitte caught up in 2018.

Topics

News United Kingdom

Josh White

Special Projects Editor ITR

Josh covers transfer pricing, BEPS, tax disputes and other direct tax matters for ITR’s audience. He covers a range of tax issues in these areas and how companies are dealing with them, as well as the influence of politics on tax developments.

more across site & shared bottom lb ros

More from across our site

Direct Tax

Beyond the headlines: Can WTS UK win the battle for tax talent?

Sharmila Sanmugam's move from industry to WTS UK offers an early glimpse into how the fledgling firm hopes to compete with larger rivals

Sam Sholli, August 17 2026

Direct Tax

KPMG Australia confirms settlement with whistleblower who alleged tax division wrongdoing

Historical claims involving KPMG Australia's tax practice have surfaced as the firm battles a separate parliamentary inquiry into its handling of whistleblowers

Sam Sholli, August 14 2026

Direct Tax

Humanoid head with screens of graphs in the background

A taxing week: Democratised insights, inflated rates – the widening value gap in tax advisory

While AI is revolutionising tax work, it is also reshaping clients’ willingness to pay for advice and their perception of the value generated by tax advisers

Jorge Gallardo, August 14 2026

Podcasts

Podcast: Ryan's Tom Shave on acquisitions, competition and PE

From Dhruva Advisors to Svalner Atlas, Ryan is growing fast. Tom Shave discusses consolidation, competition, and tax’s private equity debate

Tom Baker, August 13 2026

Awards

ITR Middle East Tax Awards 2026: shortlist announced

ITR is delighted to reveal the shortlisted nominees for the Middle East Tax Awards

John Harrison, August 13 2026

Direct Tax

Unpacking HMRC’s approach to the pillar two side-by-side package

The UK has confirmed its approach to the OECD’s side-by-side deal, but US-parented groups may find pillar two compliance remains far from straightforward

Lauren Smyth, August 12 2026

Direct Tax

Multinationals brace for more tax disputes: Baker McKenzie survey

Fragmented pillar two taxation and increased use of AI by tax authorities have left clients fearful of heightened disputes exposure

Antonia Maria Azpeitia , August 11 2026

Direct Tax

Beyond the headlines: Why Grant Thornton’s CBIZ deal won’t create a ‘big five’

Grant Thornton Advisors’ latest acquisition has produced the fifth-largest US advisory firm by revenue, but there’s still a clear gulf between it and the big four

Tom Baker, August 10 2026

Direct Tax

Crowe secures private equity investment from KKR

Crowe joins Grant Thornton, WTS and Ryan in attracting PE investment, suggesting that dealmakers remain bullish on the tax advisory sector

Sam Sholli, August 10 2026

Direct Tax

A taxing week: HMRC's audit woes will rightly fuel tax adviser concerns

HMRC expects advisers to meet ever-higher compliance criteria. After 24 consecutive qualified audit opinions, many will ask whether HMRC should hold itself to the same standards

Sam Sholli, August 07 2026