Merger Reports

Law firm mergers have picked up the pace in the first half of 2025 compared to the same period last year.

Law firm merger activity increased in the first quarter of 2025 versus the same quarter last year, according to the merger research team at Fairfax Associates.

Law firm merger activity held steady in 2024 with consistent levels of cross-border and large firm activity, according to findings from the merger research team at Fairfax Associates.

Fairfax Associates tracked 11 completed mergers in the third quarter of 2024 (meaning the effective date of the merger occurred during Q3 2024), bringing the total completed mergers for the first three quarters of the year to 41. This puts 2024 on pace with 2023, which also saw 41 mergers through the first three quarters.

Law firm mergers are up year-to-date in 2024 compared to 2023, according to the merger research team at Fairfax Associates.

Merger activity in the first quarter of 2024 increased over the same quarter in 2023, with activity focused on small and midsize mergers.

Law firm merger activity increased slightly in 2023 relative to 2022, with increased activity in cross-border and large firm mergers, according to findings from the merger research team at Fairfax Associates.

Fairfax Associates tracked 11 completed mergers in the third quarter of 2023 (meaning the effective date of the merger occurred during Q3 2023), bringing the total completed mergers for the first three quarters of the year to 41.