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.”

Lisa Smith is quoted: “There may be some firms that are able to keep it and feel like it’s critical to their culture,” she said.

Lisa Smith is quoted “You can’t teach leadership skills over a single lunch hour,” Smith says. “A lunch-and-learn is not going to move the needle. It needs to be more programmatic and more intensive.”

Lisa Smith is quoted “Most firms will ride out the uncertainty and begin 2021 fresh,” said Lisa.

Fairfax Associates is referenced, “Tuesday’s report from Fairfax Associates, which found that the pandemic will dramatically impact the number of mergers that are completed in the second half of the year.”

Kristin Stark is quoted “When firms are larger and have more lease obligations and they lose partners across a swath of their geography, that’s very challenging,” Stark said.

Lisa Smith is quoted: Most often, firms are somewhere between black box and totally transparent, and many are finding what they view as a happy medium on that spectrum, according to Lisa Smith, a law firm strategy and management consultant at Fairfax Associates.

Lisa Smith is quoted “I think people miss it more than they expected,” she said.