The reality behind the hype: EY Law chief Grossman on the big four's threat to law firms
After a year of rapid expansion into the legal market, EY's global law leader says his firm is targeting mid-market work
Given the push that the big four accountants have been making into the legal market over the last year, it is easy to see why management at traditional law firms may be feeling nervous. EY Law’s expansion everywhere from Sweden to South Korea –including partner hires from the likes of Freshfields Bruckhaus Deringer and Addleshaw Goddard – has been hard to miss. Meanwhile, PwC last year committed to further building its 250-lawyer service.
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