LEADING tax partner Anthony Davis has quit City firm Lovell White Durrant to join Big Six accountancy firm Ernst & Young in April as tax partner in the financial services group.
Davis will be joining the firm at partner level, and consequently will not be practising as a solicitor.
Ernst & Young has said it wants to set up a separate law firm to move into the legal marketplace. But, since Davis has become an E&Y partner, it is likely he will give tax advice within the accountancy firm.
He said: “As a tax person the move is exciting. The environment within accountancy firms seems dynamic, client-focused and business orientated.”
Lovells' senior partner Andrew Walker said he was sorry to see Davis go but he did not think the move was part of a trend of accountants encroaching on the legal profession.
“If he was going to Garrett & Co as a solicitor I might think differently, but he is one of many tax partners who have moved from City firms in the past couple of years.”