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 ABA Journal reports that the legal services sector gained 4,500 jobs in January, with total employment surpassing the previous 1...
After the demands of 2020, the 2021 year brings significant challenges to law firms as they decide how to move forward on the tail e...
Big Law firms made sweeping changes to their budgets and work environments after the COVID-19 pandemic emerged that could alter how ...