Legal Business

Who’s afraid of the Big Bad Four? – Inside the accountants’ assault on law

The Big Four accountants are pushing once again into the legal services market as they hunt beyond their audit heartlands. Should you be worried?

‘It has happened to me where you serve a client, have a great book of business, and then Ernst & Young [EY] is lucky enough to win the audit work for that client,’ says EY global legal head Cornelius Grossmann, reflecting on the vagaries and rewards of providing legal services in a Big Four giant.