5th Annual Partner Compensation Workshop – October 4, 2017 in DC
This workshop provides a forum to focus on difficult and pressing compensation issues with other law firm leaders and Fairfax consultants.
Cross-border Mergers Continue Strong Pace In 2017
Law firm mergers in the first half of 2017 were on par when compared with merger activity in the first six months of 2016, according to the merger research team at Fairfax Associates.
How ArentFox Schiff Becomes a Serious Contender in the Hunt for New Business and the War for Talent
Lisa Smith, who heads the Washington office of consultants Fairfax Associates, sees the combination as transformative for both firms. “It changes the competitive position of the combined firm significantly—not just from size, but also geographic breadth and practice depth,” said Smith, who is a longtime adviser to ArentFox.
Separation Between Big Law Elites and the Rest Is Intensifying
Lisa Smith is quoted “When we look at the driver of profitability, it really is driven by RPL. The way you get to higher RPL is getting practices that are known-fors and being able to offer a range of services to clients”.
Lateral Hiring is Becoming So Competitive That Big Law Firms are Seeking Mergers Instead
Lisa Smith is quoted “It’s hard to grow substantially when you’re growing organically. It takes longer, is more difficult, and is more expensive,” Smith said.
