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: Cleveland Law Library WeblogLaw Firm Mergers Are on the Rise
By Cleveland Law Library
Legal Current has reported that domestic law firm mergers rose 67% in 2011 compared to 2010 figures. There were apparently 45 mergers last year versus 27 in 2010, and a study by the Hildebrandt Institute predicts that the trend will continue this year. Click here to read the entire Merger Watch report.
Full post as published by Cleveland Law Library Weblog on February 02, 2012 (boomark / email).
Law firm mergers on the rise
Law firms mergers shot up nationally in 2011 after a precipitous decline
Law Firm Mergers Fell 24% in 2009, Consultant Says (Update1) (Bloomberg)
Jan. 6 (Bloomberg) -- Law firm mergers announced in the U.S. in 2009 fell 24 percent from last year and may rise in 2010, according to a report by Altman Weil MergerLine.
Are Law Firm Mergers Up or Down (Law.com via Yahoo! Finance)
Two reports have reached different conclusions about law firm mergers in the United States during 2009. Altman Weil's year-end MergerLine report found that there were 53 such mergers, down by 24 percent from 2008.
Law Firm Mergers Rose in 2008
Merger and acquisition work has been slowed by the economy - but you'd never know it from following law firm mergers. According to the legal consulting agency Altman Weil, there were 70 new law firm mergers in 2008...
Law Firm Mergers Slowing
On their face, the numbers might indicate otherwise, but law firm merger activity has slowed, according to Thomas Clay, a principal at the legal consulting firm Altman Weil whose practice focuses on, among other things, law firm mergers and acquisitions...
Law Firm Mergers II: Reality Bites
Following up on last week’s merger viewpoints, I’ve pulled this post off a bricked laptop and split it into two parts. Today, why there will be fewer law firm mergers; this Friday, why most of those that close will not make strategic or tactical sense...
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