DLA offloads Riverview stake as EY acquisition marks latest Big Four move into law

Accountancy takeover of alternative legal services business sees DLA Piper sell 14% stake

EY has made a major addition to its legal services offering with the acquisition of Riverview Law, a deal that has seen DLA Piper offload its stake in the alternative legal services business.

The Big Four accounting firm said the purchase – which will create a new company called EY Riverview Law – will help it to provide a more efficient service to clients by improving transparency and reducing the costs of routine legal activities.

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