
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 American Lawyer documents the increasing trend of older lawyers reaching mandatory retirement age deciding to switch firms rathe...
In a recent article, “The Rise of the Non-Equity Partner: Short Term Gain for Long Term Pain?,” James Willer, writing for Law.com, r...
Law firm financial performance finished 2017 on a positive note, with a larger segment of the legal market contributing to upward tr...