On the wall behind the receptionist on the eighteenth floor of a downtown Toronto office tower, chrome-colored letters spell out the name of one of Canada’s most talked about law firms: Donahue & Partners, Barristers & Solicitors. But the matching letters adorning the wall above the gray leather couch in the waiting area are what give so many lawyers palpitations: Ernst & Young.
Most of the discussion of the Big Five accounting firms forays into legal services focuses on affiliations, mergers, and other arrangements in Europe. But already one accounting firm has established a legal-services toehold in North America, in a jurisdiction both geographically and culturally closer to the United States. Two years ago the Canadian arm of Ernst & Young established the so-called “captive law firm” now known as Donahue & Partners. Just what exactly is Donahue & Partners, and how has Ernst & Young managed to navigate the regulatory pitfalls that prohibit multidisciplinary practices or partnerships, commonly known as MDPs?
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
