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 reports that 2019 was a record-breaking year for law firm merger announcements and represented a “solid yea...
The American Lawyer reports that according to recent data released by Vault and MCCA, minorities and female lawyers are making gains...
Law firms had their best revenue growth in the first half of the year since the recession, with 5.5 percent growth in the first six ...