Freshfields hire underscores Big Four’s legal appetite

It is at times like these that you have to wonder why the advent of alternative business structures was ever termed Tesco Law.

Did anyone seriously believe that the liberalisation of the UK legal market would result in grocers taking over before the accountants stormed the fort? Perhaps you just didn’t want to believe it.

Well, start believing. Today EY has announced the hire of Freshfields Bruckhaus Deringer global people partner Richard Norbuis, who will head up the accountant’s global transaction law practice. Norbuis will be in good company. He becomes the third City partner in as many months to leap into the arms of a mammoth Big Four partnership.

EY has already welcomed former Berwin Leighton Paisner head of finance Matthew Kellett while Addleshaw Goddard corporate managing partner Philip Goodstone in its warm embrace.

Who’s next?

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