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 frenzy of mergers between IP boutiques and national full-service firms shows no signs of abatement, The American Lawyer reports....
According to a recent article published by The National Law Journal, a strong corporate presence in Chicago and the surrounding area...
The American Lawyer reports that the U.S. law firm industry had another strong year in 2019 and revenues for 2020 are predicted...