2013 witnessed a record 88 law firm mergers, and the market shows no signs of slowing with law firms announcing 22 more mergers during the first three months of 2014. While some mergers are certainly driven by strategic factors, as The Washington Post notes HERE,
“Law firms have been turning to consolidation as the demand for legal services is largely flat… Merging is one way firms can still show growth…”
2020 treated law firms well, as the surge in COVID-19 related work led to record profits at many of the nation’s largest law f...
The American Lawyer released their annual Global 100 report, a ranking of the world’s 100 largest law firms by gross reven...
The ABA Journal reports that the legal services sector gained 4,500 jobs in January, with total employment surpassing the previous 1...