Ernst & Young’s (E&Y) Swedish law arm is winding up its full-service practice – just as KLegal’s own local practice loses nine lawyers – in the latest blow to the European legal ambitions of the big four accountants.

The E&Y law practice, which had five offices and 60 lawyers at its peak, is in the process of cutting down to ten lawyers after a management decision was taken last November to scale down the practice in the wake of a series of departures.