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…”
Law360 released its sixth annual Glass Ceiling Report, which surveyed 300 law firms on gender diversity and ranked firms based on th...
Mega-firm Reed Smith had a rough year in 2015, The American Lawyer reports–a year that perhaps led to the highly publicized 45...
Seeming to defy the laws of supply and demand, hourly billing rates at national corporate law firms have increased 3 ...