This is a really cute acquisition by EY and I think could be a really good fit as they take their brand and capability further into the legal sector. It will be interesting to see how the other Big 4 react.
Karl Chapman, CEO of Riverview Law, says: “The legal profession is going through a period of significant global upheaval. Changes in regulation, technology and most importantly customer expectation create an opportunity for a more flexible and customer-centric approach to the provision of legal services... ...Put simply, we are excited by the next stage in our journey. We believe that the combination of the Riverview Law operating model, operating platform and people, alongside the EY brand, EY clients, existing legal services offering and global scale is a winning formula for the legal market.”