The number of law firm mergers in the first half of 2018 is up from the same period in 2017, according to the merger research team at Fairfax Associates. An active market in Texas and cross-border combinations were key drivers of the heightened activity in the second quarter.
Law firm mergers in the first quarter of 2018 were nearly as high as merger activity in the same period last year, and already look strong for the balance of 2018, according to the merger research team at Fairfax Associates.
Lisa Smith is quoted. “Those are priority growth markets for firms going national, and they are markets where it’s hard to get talent,” Smith said.
Kristin Stark is mentioned as having introduced the two firms to one another.
Lisa Smith is quoted. “It’s the bigger combinations that drive consolidation,” Smith said. “If there were 100 mergers of two-lawyer firms, they wouldn’t make much of a difference in the legal market.”
