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…”
Although law firms managed to end 2020 on a high note despite the pandemic, market dynamics could pose a significant economic challe...
Excerpt from the article in LawCrossing: Professional Overview William A. Sugarman, Esq., is the Founder and President of Astor...
The American Lawyer reports that 2019 was a record-breaking year for law firm merger announcements and represented a “solid yea...
