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15 Apr

Sign of the Times: Law Firm Merger Mania Continues

by: Astor Professional Search

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…”

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