Accountancy and consulting giant EY has made another foray into the legal sector, hiring Freshfields Bruckhaus Deringer partner Richard Norbruis to lead its global transaction law practice.
Norbruis has been a partner in Freshfields’ Amsterdam office since 1999. For the last three years he has held the role of global people partner, responsible for issues including recruitment, learning and development, diversity, partner development and leadership.
He is the second major lateral hire for EY from a private practice law firm in a month. At the end of April (29 April 2014) EY announced the recruitment of former Berwin Leighton Paisner (BLP) finance head Matthew Kellett. Kellett has joined EY to head its financial services legal capability.
It also picked up Addleshaw Goddard’s corporate managing partner Philip Goodstone to establish its legal capability in the UK (27 March 2014). EY is understood to have applied for an ABS licence, as has rival PricewaterhouseCoopers (31 January 2014).
Norbruis will start work at EY’s Amsterdam office on 1 September this year, working alongside the firm’s global law leader Cornelius Grossmann to build its legal services offering across the world.
As well as Singapore, EY has been public about its plans to expand its legal services capabilities globally, notably in Asia (7 May 2014).
In a statement, Norbruis said: “After many happy years at Freshfields, this presents a fantastic opportunity to continue in a senior global leadership role in a highly ambitious and fast growing legal practice that is part of one of the largest professional services organisations in the world.”