News & Events
News & Events
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?
Law Firm Compensation and Structures
US-China Legal Exchange Program, George Washington University,Washington DC, June 2017
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.
Midwest Merger Push Continues in 2021 as Dinsmore Announces Acquisition
Lisa Smith is quoted: “For Midwestern firms, consolidating in the region gives them a good platform across multiple states, where there are often business ties, so it helps …
After a pandemic lull, will a bull market for law firm mergers return in 2021?
Lisa Smith is quoted: Although some merger deals have been announced and executed virtually in 2020, Smith expressed doubt that a major merger between two large firms could be pulled off without more in-person contact than is currently feasible.
Why Analysts Caution Against Forecasting Based on Declining 2020 Demand
Lisa Smith is quoted: Smith, of Fairfax, also said trends within a given year are sometimes a more helpful indicator about the market’s health, as the comparisons between different quarters of different years can “over-amplify uneven patterns.”
As Cybersecurity Practices Become a Must-Have, More Firms ‘Give It the Right Name’
Lisa Smith quoted: Firms are keenly focused on the value of the cybersecurity and private practice because they understand how valuable it is to clients, said Lisa Smith, a firm consultant at Fairfax Associates in Washington, D.C. Smith said when she talks to her law firm clients about their strategic goals, the practice is frequently at the top of their wish list.
