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.

Kristin Stark is quoted discussing how practice heads are serving as “mini-managing partners” as law firms fight to maintain business continuity and ensure cohesion during the COVID-19 pandemic.

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.

Lisa Smith is quoted. “An interesting aspect of this [M&A activity] is that you may have fewer choices,” Smith says.