Law firm mergers increase in Q1
Merger activity in the first quarter of 2024 increased over the same quarter in 2023, with activity focused on small and midsize mergers.
Merger activity in the first quarter of 2024 increased over the same quarter in 2023, with activity focused on small and midsize mergers.
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.
Fairfax Associates tracked 11 completed mergers in the third quarter of 2023 (meaning the effective date of the merger occurred during Q3 2023), bringing the total completed mergers for the first three quarters of the year to 41.
Law firm mergers are up year-to-date in 2023 compared to 2022, according to the merger research team at Fairfax Associates.
A flurry of merger activity at the start of the new year kicked off a strong quarter for law firm mergers, according to the merger research team at Fairfax Associates.
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