EY doesn’t seem like it will be losing interest in the legal sphere any time soon. The Big Four accounting firm has acquired Pangea3, a legal managed services business originating from Thomson Reuters, in a transaction that is expected to close in the second quarter of 2019.
This move comes a little over a month after EY signed a deal to begin using contract AI platform Luminance, and a little less than a year after the company acquired alternative legal services provider Riverview Law. With the acquisition of Pangea3, EY gains access to more than 1,000 legal professionals and eight service delivery locations on three continents.
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