News & Events
News & Events
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.
Partner Compensation Systems to Support Strategic Growth and Profitability
Us Law Firms Get Taste For Cross Border Mergers
Arise in the number of international combinations – with London firms featuring strongly – was largely responsible for the increase in mergers involving US firms in 2016, according to figures published today.
Merging Law Firms: Why Deals Fail Or Underperform
As shown by the impending merger between Arnold & Porter LLP and Kaye Scholer LLP announced Nov. 10, consolidation in the legal industry remains a popular strategy among firms looking to boost revenue and acquire new clients.
Mergers: Evaluating and Aligning Partner Compensation Approaches
The Association of Partnership Practitioners, London, UK, November 2016
The merger market picks up: after CMS, could Q4 usher in a spate of law firm tie-ups?
The law firm merger front was quiet in the third quarter of 2016, but a spate of combinations announced within the past week suggests the end of the year is likely bring an upturn in merger news.
Could Fourth Quarter Usher In A Spate Of Big Firm Combinations?
Fairfax merger data cited, The American Lawyer, AmLaw Daily, October 17, 2016 I’ve been exploring the relevance of Porter’s Five Forces in recent blog posts. One of those forces – Threat of Substitutes – has the potential to be a disruptor for the legal...
Is Origination to Blame for Women Partners’ Lower Pay?
In the face of a glaring pay gap between male and female partners, some firm leaders point to the emphasis on origination credit as the key culprit. But moving away from such a model may not be so easy.
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.
Litigation Still Pays, Even Without a Courtroom
Lisa Smith is quoted “This is one change a lot of lawyers think will stick,” said Lisa Smith, principal at Washington, D.C.-based legal consulting firm Fairfax Associates.
Big Firms Take Longview Approach in Expanding C-Suite
Lisa Smith is quoted “for innovation roles it really helps to have someone who understands the firm and the practice of law,” said Lisa Smith of Fairfax Associates.
COVID-19 Is Driving Long-Term Changes in Big Law for Remote Work, Fees, Hiring
Lisa Smith is quoted “A lot of firms are looking ahead, trying to think about what makes sense, and how lawyers have evolved their approach to practice,” said Lisa Smith, a principal at Washington, D.C.-based FairfaxAssociates. “To some extent, the firms that don’t do that, do that at their own peril…
