Merging Law Firms: Why Deals Fail Or Underperform
November 15, 2016 | Published by Law 360
As shown by the impending merger between Arnold & Porter LLP and Kaye Scholer LLP announced Nov. 10, consolidation in the legal industry remains a popular strategy among firms looking to boost revenue and acquire new clients. According to Altman Weil MergerLine, there were a record 91 law firm combinations announced in the United States in 2015, including eight by Dentons alone. So what does it take to successfully combine with another firm? Experts highlight some critical considerations in this special series.