Fairfax in the Press
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.
Law Firm Mergers Hit the Doldrums—for Now
Kristin Stark is quoted. “One of the themes here is that the data is simply not reflective of the reality of how many firms are talking about mergers.”
How to Merge: Lessons From 20 Years of Law Firm Mergers
Lisa Smith’s article reviews both successful and unsuccessful law firm mergers of the past several years in order to explore areas in which future problems might be avoided. She seeks to identify the critical factors which are more likely to make the critical differences.
DC Market Sees ‘Slow and Steady’ Growth Amid Shifts in Demand
Lisa Smith is quoted on the “slow and steady” performance of the D.C. market in 2018, a trend that is expected to continue this year.
Report: Porter Wright’s Post-Pittsburgh Expansion, K&L Gates’ Asia Growth Among Q1’s Biggest Moves
Kristin Stark is quoted.
Litigation Still Pays, Even Without a Courtroom
Lisa Smith is quoted “This is one change a lot of lawyers think will stick,” said Lisa Smith, principal at Washington, D.C.-based legal consulting firm Fairfax Associates.
Big Firms Take Longview Approach in Expanding C-Suite
Lisa Smith is quoted “for innovation roles it really helps to have someone who understands the firm and the practice of law,” said Lisa Smith of Fairfax Associates.
COVID-19 Is Driving Long-Term Changes in Big Law for Remote Work, Fees, Hiring
Lisa Smith is quoted “A lot of firms are looking ahead, trying to think about what makes sense, and how lawyers have evolved their approach to practice,” said Lisa Smith, a principal at Washington, D.C.-based FairfaxAssociates. “To some extent, the firms that don’t do that, do that at their own peril…
Law Firm Merger Activity Appears to Be Bouncing Back
Fairfax is quoted “The decline in the number of mergers this year has been driven by a number of pandemic-related factors,” Fairfax said in a news release. “However, many firms remain committed to growth and expansion and are continuing to explore merger options. As a result, we anticipate that merger activity will resume to more typical levels in 2021.”
