INSIGHTS

The Fairfax Insights series draws upon our collective consulting experience to address topics that we consider of current interest to the senior management of law firms.

MERGER REPORTS

Current reports focused on law firm merger activity, trends, and analysis.

Fairfax Associates brings together the skills of highly experienced professional services consultants with particular expertise in law firms. Our Principals have advised professional firms since the 1980s and combine high-level strategic and analytical thinking with a profound understanding of professional firms and the way in which professionals are managed.

We work with the support of a number of researchers and analysts and we shape our team according to the demands of the engagement and our client’s internal resources.

Featured Insights

When is the Right Time to Consider Merger?

When is the Right Time to Consider Merger?

High quality small and midsize firms in key markets are regularly approached regarding combinations with other firms – ...
Preventing a Revolving Partner Door: Building Ties that Bind

Preventing a Revolving Partner Door: Building Ties that Bind

How law firms can retain partners and build firm interconnectedness ...
Evolving Approaches to Partner Compensation

Evolving Approaches to Partner Compensation

How law firms are evolving their approach to partner compensation to spur growth and retain talent ...

Merger Reports

Law Firm Mergers Steady in Q3 with More Activity on the Horizon

Fairfax Associates tracked 11 completed mergers in the third quarter of 2024 (meaning the effective date of the merger occurred during Q3 2024), bringing the total completed mergers for the first three quarters of the year to 41. This puts 2024 on pace with 2023, which also saw 41 mergers through the first three quarters.

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Law firm mergers up year-to-date

Law firm merger activity increased slightly in 2023 relative to 2022, with increased activity in cross-border and large firm mergers, according to findings from the merger research team at Fairfax Associates.

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