News & Events
News & Events
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...
Partner Compensation Workshop – 2016
One Day Workshop
San Francisco, CA
Law Firms Try For Smooth Succession With Age, Term Limits
At Levenfeld Pearlstein, a small Chicago law firm, birthday candles can signal a change in leadership.
Associate Salary Stratification More Likely in ‘Buyer’s Market’
Since Cravath, Swaine & Moore upped the ante on associate salaries last month, others in the big law community have responded gradually, some going all-in and others devising region-specific pay scales.
5th Annual Partner Compensation Workshop, October 4, 2017, Washington, DC
This workshop provides a forum to focus on difficult and pressing compensation issues with other law firm leaders and Fairfax consultants.
Can Law Firms Innovate? How to Drive Important Change in Your Firm
ALA National Conference, Los Angeles, CA, May 2016
Can Law Firms Innovate? How To Drive Important Change In Your Firm
ALA National Conference, Los Angeles, CA, May 2016
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,”
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.
