News & Events
News & Events
Developing Effective Compensation Plans
ALA National Conference, Toronto, May 2014
Compensating Retiring Partners
ALA National Conference, Toronto, May 2014
Trends, Segmentation & Winning Strategies
UK Legal Market Review
London
Firms Urged To Go Beyond Pep And Adopt Quality And Risk Performance Measures
Giles Rubens quoted Legal Futures Large law firms need to embrace new ways to measure firm and partner performance as traditional methods – such as profits per equity partner – “can be irrelevant, encourage inappropriate behaviours, discourage innovation and tend...
Time for New Metrics
Georgetown University Law School Washington, DC, February 2014 Georgetown University Law School Washington, DC, February 2014 Fairfax Associates Fairfax Associates brings together the skills of highly experienced professional services consultants with...
Lateral Hiring, Mergers & Acquisitions
ALA Conference, Irvine, CA, November 2013
Partner Performance & Remuneration
Effective Approaches in a Changing Market
London
Trends in the Legal Industry
ALA Conference, Albuquerque,NM, October 2013
Big Law Has Saturated the Biggest U.S. Cities. Where Is the Next Frontier?
Lisa Smith questions whether a city like Boston can be considered insulated anymore because of how many national firms have set up shop there.
From Drinker to Duane Morris, What’s Behind a Wave of Healthier, Faster Law Firm Combinations?
Lisa Smith is quoted. “These were all firms that were performing well, have good rates and strong balance sheets and all those things,” Lisa Smith, a consultant at Fairfax Associates, said of the recent mergers. “these firms are operating from a position of strength in that they didn’t have to do anything.”
Big Law’s Big Entrance into Indiana Driven by Client Demand, Firms Say
Kristin Stark is quoted discussing the impact of merger related growth of larger firms in smaller Midwest legal markets.
Moving Targets: Which Markets Will Attract Law Firms’ Attention in 2020
Lisa Smith is quoted. “We are continuing to see firms anywhere from 100 lawyers to 600 to 700 lawyers feel like they need more scale in order to compete effectively,” says Lisa Smith, a principal at Fairfax Associates. “I think we’ll continue to see consolidation in the form of laterals and groups or small acquisitions or mergers of equal size. Consolidation is going to continue to be big in 2020.”
