Law Firm Mergers Keep Record Pace in Third Quarter
Managing partners are still in the merging mood.Law firm mergers kept up their record pace in the third quarter of the year and are on track to eclipse a record set just two years ago, according to one report and a preliminary analysis of another.
September 28, 2017 at 03:52 PM
4 minute read
The original version of this story was published on National Law Journal
Managing partners are still in the merging mood.
Law firm mergers kept up their record pace in the third quarter of the year and are on track to eclipse a record set just two years ago, according to one report and a preliminary analysis of another.
A report Wednesday by legal search firm Fairfax Associates said there were 14 mergers in the third quarter for a total of 49 so far this year. That's five more than the total number that Fairfax Associates tracked through three quarters in 2016 and eight more than the 10-year average of 41 through the first nine months of the year.
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