EY to offer legal services

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PROFESSIONAL services firm EY could be poised to hire lawyers in Yorkshire after being given permission to offer legal services in the UK.

EY, which employs around 340 staff in Leeds and Hull, has become the latest firm to be granted a licence by the Solicitors Regulation Authority, enabling it to provide legal services in England and Wales as an alternative business structure. EY said it planned to provide corporate, commercial, employment and financial services legal advice alongside its existing services. The new team will be led by Philip Goodstone and Matthew Kellett. Mr Kellett will lead financial services, Mr Goodstone will head up all other services and Daniel Aherne has been hired to build and lead an employment law team. A further 30 people will be recruited in the next six months. It’s anticipated that some of these recruits will be in the UK regions.

Steve Varley, EY’s UK chairman, said: “We aren’t competing with the business models of traditional law firms; we are offering something new. By working closely with other parts of the organisation, clients will benefit from our global scale, in-depth industry knowledge as well as having a single point of contact for all of their professional service needs. Having lawyers, accountants and other professional advisers working side by side will be a real advantage to our clients.”