News & Events
News & Events
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.
Law Firms See Major Dip In Third Quarter
The 12 law firm combinations announced or completed in the third quarter of 2016 is a sharp decline from the 28 in the second quarter, according to data from law firm consulting company Altman Weil.
Law Firm Mergers Steady Through 3rd Quarter
Law firm mergers through the third quarter of 2016 were on par with the same period last year, according to the merger research team at Fairfax Associates, and are dominated by very small acquisitions/combinations.
Law Firm Mergers Hold Steady In 2016, Driven By Smaller Deals
Fairfax merger data cited and Kristin Stark is quoted Published by Texas Lawyer With small acquisitions or combinations dominating most recent law firm merger activity, the number of firm mergers completed through the third quarter remained almost identical this year...
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.
