News & Events
News & Events
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?
Cross-Border Mergers Going Strong In 2017
Law firm mergers in the first quarter of 2017 were on par with merger activity in the same time period last year, according to the merger research team at Fairfax Associates, led by a continuing strong wave of cross-border combinations.
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.
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.
Law Firm Mergers Experienced Significant Growth In 2016
Law firm mergers in 2016 were up significantly when compared to 2015, according to the merger research team at Fairfax Associates, led by an uptick in cross-border mergers.
Law Firm Merger Talks Heat Up As Pandemic Increases Pressure to Scale
Lisa Smith and Fairfax merger data is quoted: “Lisa Smith…said in an interview that she expects the number of completed mergers in 2021 will “certainly” beat the 2020 numbers…”
Law Firm Mergers Rebound After Pandemic Slowdown
Fairfax merger data is cited: Fairfax’s April 1 report …anticipated “an uptick in active discussions in the coming months and a return to higher levels of completed mergers by the end of 2021 or early 2022.”
Expense Planning In 2021 Is A Moving Target For Midsize Firms
Lisa Smith is quoted: Midsize firms will likely experience relatively flat revenue, but they could see another year of strong profit growth because of continued expense savings for the first two-thirds of 2021, said Lisa Smith of Fairfax Associates, who advises law firms nationally.
Remote Work Aside, Geography Still Matters in Law Firm Mergers
Lisa Smith 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,”