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...

Law firm mergers in the first quarter of 2017 were on par with merger activity in the same time period last year, according to the merger research team at Fairfax Associates, led by a continuing strong wave of cross-border combinations.

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.

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.