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.
Law firm merger activity increased in 2022 relative to 2021, with a number of significant midsize mergers in the US but more limited cross-border activity than observed in previous years, according to the merger research team at Fairfax Associates.
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