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…”
Schiff Hardin laid off seven current associates and retracted offers for four incoming associates yesterday, reports the ABA Journal...
The American Lawyer released its annual New Partners Survey, which included responses from 400 lawyers promoted to firm partnerships...
The American Lawyer published results from its annual Midlevel Associates Survey, finding that “third-, fourth- and fifth...