News & Events
News & Events
Law Firm Mergers Continue at Record Pace Through Third Quarter
Kristin Stark is quoted on the increased competition and firms’ interest in seeking to improve their market position.
Is Kirkland Raiding the Big Four?
Lisa Smith is quoted on the movement of lawyers between law firms and accounting firms.
Pay Model Evolves at Fried Frank, Paving Way for Outsized Earnings
Lisa Smith is quoted on partner compensation trends.
Texas Tie Ups Lead Busy Second Quarter for Law Firm Mergers
Three of the four largest mergers in the quarter involved Texas-based firms.
Power Sharing: Law Firms Say It Can Be Nirvana, But Experts See Pitfalls
Lisa Smith is quoted. Experts aren’t fond of two co-managing partners or a committee of equals running a law firm.
Report Finds Steady Pace Continuing for Law Firm Mergers
Cross-Border Combinations Drive US Law Firm Merger Activity to Record Highs
The Cost of Making Partner and How Senior Associates Should Prepare
Published by The American Lawyer Making partner isn’t cheap, and the cost is more than just the years of hard work and stress that associates put in as they reach for the brass ring. View Full Article Making partner isn’t cheap, and the cost is more than...
As Merger Appetite Grows, Firms Focus on Matching Industries and Places
Lisa Smith quoted: Smith said the increased focus on alignment between sector and geography is particularly noticeable with emerging tech hubs, like Seattle, Boston, Texas and Salt Lake City.
Last-Minute Merger Cancellation Unusual But Not Unheard Of, Analysts Say
Lisa Smith is quoted: Lisa Smith, a principal at Washington, D.C.-based Fairfax Associates, estimated that maybe one out of 10, or one out of every 15 combination discussions actually advances to the merger stage. The top reason so many don’t go further? Conflicts, she said.
The Crystal Ball Is Cloudy, but Big Law’s New Leaders Are Ready for the Challenge
Lisa Smith is quoted: Consultant Lisa Smith of Fairfax Associates says new leaders taking over in 2021 should focus on their initiatives, despite the pandemic, because ‘If they were important before, they are still important.”
After Down 2020, Analysts See ‘Full-Bore’ Appetite for Big Law Mergers in ’21
Lisa Smith and Fairfax merger data is quoted: “The interest in combinations is extremely high, and we’ve already, just in the last week, gotten inquiries from multiple firms trying to look at their options and trying to figure out strategy and merger options for the year,” she said.
