EY Eyes More Acquisitions of Legal Services in Global Push

Ernst & Young LLP will announce more deals shortly as it bolsters its legal advisory and managed services operations worldwide.

“We’re probably the leading alternative law provider globally,” EY’s global law leader Cornelius Grossmann said in a phone call. “We’ve built up our presence through acquisitions and will look for more—this is a fast growing area and we couldn’t rely on organic growth alone.”

Grossmann said the upcoming acquisitions in its legal advisory side will be “generally outside of Europe, where we have historically had a strong presence.”

EY acquired legal outsourcing business Pangea3 from Thomson Reuters Corp. April ...