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…”
According to a recent article published by The National Law Journal, a strong corporate presence in Chicago and the surrounding area...
The announcement of the $2,000 per hour lawyer and the first-year associate starting salaries rising to $180,000 has stirred up a la...
Millennials make up the largest generational group among lawyers at large and midsize firms, according to a report released by ALM I...