The year has gotten off to a roaring start for law firm mergers, with 27 firms combining in the first three months of 2019, according to new data from legal consultancy Altman Weil.
This rapid rate of consolidations so far in 2019 appears to be in line with last year’s pace. In 2018, the industry saw a record-setting 106 law firm mergers.
The combinations so far this year have been acquisitions of small law firms with fewer than 20 lawyers, according to the data, which was gathered by Altman Weil’s Mergerline service.
Combining large firms can be fraught with ...
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