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...
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,”
