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EY ropes in Magic Circle law firms to advise on potential break-up

The Big Four firm turns to top lawyers as it weighs a split between its audit and consulting arms

Wednesday 7 September 2022 at 15:00

Linklaters and Slaughter and May have picked up lucrative mandates, Financial News learns
Linklaters and Slaughter and May have picked up lucrative mandates, Financial News learns Photo: Jeremy Moeller/Getty Images

EY has drafted in a pair of Magic Circle law firms to advise on its potential multibillion-dollar split.

The Big Four firm’s senior management is close to greenlighting plans to separate the $45bn firm between its consulting and audit practices.