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 American Lawyer released their 32nd annual Am Law 100 report, which includes data and rankings for the natio...
Clients need outside counsel that can collaborate to solve their problems, but law firms’ increased specialization creates an unfort...
Seeming to defy the laws of supply and demand, hourly billing rates at national corporate law firms have increased 3 ...