News & Events
News & Events
TerraLex INsights – Interview with Lisa Smith, Principal at Fairfax Associates
Join us for a conversation on law firm mergers with Lisa Smith of Fairfax Associates. Lisa heads the Washington, DC office of Fairfax and consults to leading professional firms worldwide. She advises law firms domestically and internationally on strategy development,...
Of Counsel interviews Lisa Smith
Recently, Of Counsel, a legal practice and management publication, held an interview with highly regarded Fairfax Associates principal, Lisa Smith. For three and a half decades at a few of the nation’s most prestigious consulting firms, Smith has helped regional,...
Law Firm Mergers Steady in First Half, with Activity on the Horizon
Law firm mergers in the first half of 2021 were consistent with last year’s numbers, but there are signs of an increase in activity in the second half, according to the merger research team at Fairfax Associates.
First Quarter Law Firm Mergers Focused on Smaller Combinations
It was a quieter first quarter for law firm mergers versus last year’s pre-pandemic numbers, and the focus continues to be on smaller combinations, according to the merger research team at Fairfax Associates.
Law Firm Mergers Impacted by Covid-19 in 2020 but Expected to Rebound in 2021
Law firm merger activity was significantly down in 2020, which saw the fewest mergers since 2010, according to the merger research team at Fairfax Associates. In 2020, Fairfax Associates tracked 41 completed mergers (meaning the effective date of the merger occurred during 2020), with nine occurring in the fourth quarter.
Responding to Growth Pressures: Best Practices for Evaluating Merger
Hear from Fairfax consultants about the impact of the pandemic on firm performance and profitability
Law Firm Mergers Still Down for 2020 at the Close of the Third Quarter
Law firm merger activity continues to slow amid the backdrop of the Covid-19 pandemic. The number of law firm mergers in the first three quarters of 2020 is down from the same period in 2019, according to the merger research team at Fairfax Associates.
Don’t lose sight of strategy: Making progress in a challenging year
In times of macro-economic and market uncertainty, it is tempting to focus attention principally on business resilience measures.
First quarter law firm mergers below historical averages
(Updated 4.1.22) It was a surprisingly quiet quarter for law firm mergers, despite several mergers announced in 2021 becoming effective in Q1 of 2022, according to the merger research team at Fairfax Associates.
Law firm mergers steady between 2020 and 2021 but below historic averages
Law firm merger activity remained steady in 2021 relative to 2020, but well below historic averages, according to the merger research team at Fairfax Associates.
Origination and Partner Compensation: The Impact on Talent Acquisition and Retention Strategies
Decipher Talent Economics Roundtable, New York City, October 25, 2021
Law Firm Mergers Increase in Third Quarter, But Still Lag Pre-Pandemic Numbers
Law firm merger activity rebounded in the third quarter of 2021, but still lags pre-pandemic numbers, according to the merger research team at Fairfax Associates.