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…”
Law firms continue to expand in lower-cost areas with large talent pools, while growth in dominant markets such as New Yor...
The American Lawyer reports that according to recent data released by Vault and MCCA, minorities and female lawyers are making ...
The American Lawyer reports that recent data released by ALM Intelligence shows female attorneys have ascended into Big Law’s ...