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 reports on several key trends for midsize law firms heading into 2019, according to a recent article featur...
Law firms have a lot of room to increase leverage, despite clients pushing back against the use of more junior lawyers, reports ALM ...
Legal industry professionals say prospects for their future legal business look bright, but cite pricing pressures and cybersecurity...