News & Events
News & Events
Record-breaking Growth In Law Firm Mergers In 2017
Law Firm Mergers Continuing Upward Trend
WASHINGTON, D.C., September 27, 2017 - Law firm mergers through the third quarter (as of September 25, 2017) were up, according to the merger research team at Fairfax Associates. WASHINGTON, D.C., September 27, 2017 - Law firm mergers through the third quarter (as of...
Designing Effective Compensation Systems
US Law Firm Group Nashville, TN, September 2017
5th Annual Partner Compensation Workshop – October 4, 2017 in DC
This workshop provides a forum to focus on difficult and pressing compensation issues with other law firm leaders and Fairfax consultants.
Cross-border Mergers Continue Strong Pace In 2017
How ArentFox Schiff Becomes a Serious Contender in the Hunt for New Business and the War for Talent
Lisa Smith, who heads the Washington office of consultants Fairfax Associates, sees the combination as transformative for both firms. “It changes the competitive position of the combined firm significantly—not just from size, but also geographic breadth and practice depth,” said Smith, who is a longtime adviser to ArentFox.
Separation Between Big Law Elites and the Rest Is Intensifying
Lisa Smith is quoted “When we look at the driver of profitability, it really is driven by RPL. The way you get to higher RPL is getting practices that are known-fors and being able to offer a range of services to clients”.
Lateral Hiring is Becoming So Competitive That Big Law Firms are Seeking Mergers Instead
Lisa Smith is quoted “It’s hard to grow substantially when you’re growing organically. It takes longer, is more difficult, and is more expensive,” Smith said.
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.
Law Firm Mergers Decline in the First Half of 2020
Preparing for partner compensation in a year of uncertainty
Hear from Fairfax consultants about the impact of the pandemic on firm performance and profitability
