Recent Law Firm Mergers: A Positive Outlook for Growth and Expansion
The legal landscape has witnessed significant activity recently, with a wave of law firm mergers reshaping the industry. Notably, Taft is set to combine with Sherman & Howard, Ballard Spahr has announced its unanimous partnership vote to merge with Pacific Northwest firm Lane Powell, and Troutman Pepper and Locke Lord are moving forward with their […]
Law Firm Mergers: Analyzing the 2023 Trends and 2024 Forecasts
The landscape of law firm mergers in 2023 revealed significant developments, characterized by a series of strategic consolidations. These trends not only reshape the current legal market but also set the stage for further transformations in 2024. 2023 Merger Landscape: A Quantitative OverviewIn 2023, the legal industry saw 48 law firm mergers, a slight increase […]
Law Firm Consolidation — Perpetually Out Of Reach?
The coming wave of consolidation among law firms is a perpetual topic of discussion and speculation. The basic narrative is that the richest, most successful firms are pulling away from the rest of the industry, and firms below the top tier will be forced to merge in order to grow and remain competitive. The notion that consolidation […]
Much Ado About Dacheng Dentons
A lot of people have been asking us to weigh in on the Dentons merger. The newest iteration of Dentons is 160% larger and boasts an international coverage map that would put T-Mobile to shame. With its latest far-east tie-up, Dentons shot to the top of the Am Law 200 in headcount—and kept going—making it […]