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…”
Law firms continue to expand in lower-cost areas with large talent pools, while growth in dominant markets such as New Yor...
The American Lawyer released its 15th annual A-List rankings of the top 20 “most well-rounded” law firms in the United States. Firms...
Millennials make up the largest generational group among lawyers at large and midsize firms, according to a report released by ALM I...