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 released a recent report, conducted by LexisNexis’ legal pricing data service, CounselLink, which revealed ...
Finding a foothold in the Chicago market isn’t as easy for the elite ‘big law’ firms as they might like to believe...
The American Lawyer reports that after years of globalization, some firms are pulling back to focus on building a stronger platform ...