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…”
Certain Midwest and second-tier markets, in terms of population, have garnered particular interest from large law firms, especially ...
The American Lawyer published results from its annual Midlevel Associates Survey, finding that “associates generally continued ...
The National Law Journal released its annual NLJ 500 rankings, which analyzes data on the largest law firms by headcount. According ...