Editor’s note: This is the second in a three-part series from Hugh Simons looking at what makes for successful law firm mergers. The first part can be found here.

History shows that Big Law mergers involving a falling knife, i.e., a firm whose profitability was dropping sharply in advance of the merger, don’t perform well: the mid-performing such merger suffered a three place drop in Am Law profit per equity partner (PEP) rank upon merging and only regained its pre-merger rank five years post-merger.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]