Fairfax in the Press
Law Firm Merger Activity Abroad Highlights First Half Frenzy
Kristin Stark is quoted. Cross-border combinations continued to propel law firm merger activity through the second quarter of 2017.
Law firm practice groups are so… 2015
Is Big Law Hurting Itself by Being Too Soft With Clients?
Kristin Stark is quoted. Should law firms refuse to hand over time-entry data to clients when working on a fixed fee?
The AMLAW 200s Hollow Middle?
To get a grip on the market trend some observers hold responsible for flat-lining the finance charts for The Am Law Second Hundred, ponder alcohol pricing.
As Clients Press For Discounts Are Firms Too Quick To Show Their Cards
Are some law firms making a mistake by handing clients their billable hour data despite working for flat or fixed fees?
Changing Compensation Strategies Put Partners Under Pressure
Law firm partners have never been able to make as much money as they can now. The highest profits per partner on our Am Law 100 rankings in 2015…
Another Busy Year For Law Firm Deals But What’s Left To Snatch Up?
Legal consulting firms Altman Weil Inc. and Fairfax Associates have issued reports on the state of the law firm merger market in 2016.
Us Law Firms Get Taste For Cross Border Mergers
Arise in the number of international combinations – with London firms featuring strongly – was largely responsible for the increase in mergers involving US firms in 2016, according to figures published today.
For the Am Law 100, Mergers Don’t Always Mean Immediate Results
Lisa Smith is quoted. “The risk is always if the group splits – that people will make their own choices and say, ‘There may be a deal, but I’m a free agent,'” Smith at Fairfax, says.
The Rise of the Mega Firm: Legal Departments Face Difficult Questions Amid Law Firm Mergers
Lisa Smith is quoted. “An interesting aspect of this [M&A activity] is that you may have fewer choices,” Smith says.
Small Law Firms, Solo Lawyers Strain for Relief in $350B Pandemic Loan Program
Lisa Smith is quoted. “Every firm I have spoken to that meets the size criteria says they’re applying,” said Lisa Smith, a principal at the law firm consultancy Fairfax Associates. “You can probably throw a dart to any firm with 200 lawyers and probably find one.”
‘It’s a Full Stop’: Law Firm Mergers Slow Amid COVID-19
Lisa Smith is quoted. “From what we’ve seen, most of the discussions that were happening have had to be put on hold. A lot of it does rely on face-to-face meetings,” Smith said. “For good reason, firms are very much focused on business continuity and operating their firms successfully. The ability to have the bandwidth to look at merger discussions as well as manage a business effectively just isn’t there.”
