News & Events
News & Events
DC Firms Might Lag in 2018 Results, but Optimistic for 2019
Lisa Smith is quoted on the Washington, DC legal market.
Busy Merger Market Shows No Signs of Slowing
Lisa Smith is quoted.
M&A Trends Reshape the Legal Industry
Lisa Smith is quoted in section on law firm mergers.
Dykema, Lewis Brisbois Expand Out West
Fairfax Associates’ merger statistics are quoted.
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.
How ArentFox Schiff Becomes a Serious Contender in the Hunt for New Business and the War for Talent
Lisa Smith, who heads the Washington office of consultants Fairfax Associates, sees the combination as transformative for both firms. “It changes the competitive position of the combined firm significantly—not just from size, but also geographic breadth and practice depth,” said Smith, who is a longtime adviser to ArentFox.
Separation Between Big Law Elites and the Rest Is Intensifying
Lisa Smith is quoted “When we look at the driver of profitability, it really is driven by RPL. The way you get to higher RPL is getting practices that are known-fors and being able to offer a range of services to clients”.
Lateral Hiring is Becoming So Competitive That Big Law Firms are Seeking Mergers Instead
Lisa Smith is quoted “It’s hard to grow substantially when you’re growing organically. It takes longer, is more difficult, and is more expensive,” Smith said.
Law Firm Mergers Lag Pre-Pandemic Levels but 2022 Could Change That
“But Fairfax principal Lisa Smith expects that the pace of mergers will rise next year, as firms look to increase market share and enhance their depth and scale. She’s heard from a number of firms engaged in discussions, and expects that it will be easier to pursue in-person meetings to ease along the process in 2022.”