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EY buys ‘disruptive’ law firm

08 August 2018

EY has acquired legal services business Riverview Law, in what many see is accountancy’s push into the legal sector.

Riverview are seen as a new breed of legal firms, and EY’s Cornelius Grossman said that it was the Riverview’s use of ‘disruptive’ technology that had driven the deal. The law firm has traded on using technology to streamline overheads and offer clients fixed fees instead of hourly rates.

Grossman stressed: “This acquisition underlines the position of EY as a leading disruptor of legal services.”

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