Fairfax in the Press
Perspective: Why Organic Growth Is Not Enough for Big Law
March 17, 2016 | Published by Bloomberg Law Big Law Business Growth continues to elude Big Law. As demand for services of external firms remains flat, the competition for clients and revenue only intensifies. One vital sign of competitiveness in the legal services...
Firms Urged To Go Beyond Pep And Adopt Quality And Risk Performance Measures
Giles Rubens quoted Legal Futures Large law firms need to embrace new ways to measure firm and partner performance as traditional methods – such as profits per equity partner – “can be irrelevant, encourage inappropriate behaviours, discourage innovation and tend...
In Potential Pepper Hamilton-Troutman Sanders Merger, Scale Can Be a Strategy
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.
Lathrop Gage to Combine with Gray Plant Mooty
Kristin Stark is mentioned as having introduced the two firms to one another.
Are Law Firm Mergers Hot or Not? It Depends Who’s Counting
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.”
Law Firm Merger Market Stayed Sluggish in Q3
Lisa Smith is quoted. “It’s surprising this year that we haven’t seen the big mergers we have seen in the past,” adding that she wouldn’t rule out more significant combinations slated for Jan. 1, 2020, or beyond.
