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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

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.

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