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…”
As law firm billing rates are rapidly increasing overall, a new study shows that firms that raised their rates more slowly are start...
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 ...
Law.com reported that only 34% of lawyers in large firms today are women. That statistic has faced less than a 1% increase over the ...