In announcing its acquisition of alternative legal services provider Riverview Law, global accounting giant EY said the deal gave it a “first-mover advantage” in the legal managed services space.

Surely, more established players in that – such as Axiom, Elevate or UnitedLex – would quibble with that. But Cornelius Grossmann, global head of legal at EY, said the comment was meant to announce it as the first of the major accounting firms to acquire an established legal managed services provider.