In the third quarter, law firm mergers tracked closely with Q2 results but reflect an increase in merger activity since 2021, with mergers involving small or boutique firms accounting for the bulk of activity, according to the merger research team at Fairfax Associates.

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.

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.

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.