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 world’s largest law firms are still feeling the heat from their stagnated approaches, as discussed in last week’s po...
Finding a foothold in the Chicago market isn’t as easy for the elite ‘big law’ firms as they might like to believe...
While many commentators believe that the current slowdown in legal hiring represents a potential ‘new normal,’ at least ...