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.
News & Events
Law firm merger activity was significantly down in 2020, which saw the fewest mergers since 2010, according to the merger research team at Fairfax Associates. In 2020, Fairfax Associates tracked 41 completed mergers (meaning the effective date of the merger occurred during 2020), with nine occurring in the fourth quarter.
Fairfax In the Press
Lisa Smith is quoted: Lisa Smith, a principal at Washington, D.C.-based Fairfax Associates, estimated that maybe one out of 10, or one out of every 15 combination discussions actually advances to the merger stage. The top reason so many don’t go further? Conflicts, she said.
Seminars & Workshops
Who Should Attend: Managing Partners, Executive Committee members, Compensation Committee members, COOs, Professional Development leaders