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…”
The ABA Journal reports that the legal services sector gained 4,500 jobs in January, with total employment surpassing the previous 1...
Professor Heidi Gardner of Harvard Law School presented her research at the 20th Annual Law Firm Leaders Forum in early October, whe...
Seeming to defy the laws of supply and demand, hourly billing rates at national corporate law firms have increased 3 ...