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…”
Millennials make up the largest generational group among lawyers at large and midsize firms, according to a report released by ALM I...
According to Am Law Daily, mixed opinions were exchanged last week at the International Bar Association’s annual conference, regardi...
Law firms have a lot of room to increase leverage, despite clients pushing back against the use of more junior lawyers, reports ALM ...