Report: Law Firms Consolidating at Record Setting Pace
In the first half of 2015, 48 law firms announced mergers, the highest half-year total in nine years, according to the legal consultancy Altman Weil.
July 06, 2015 at 01:03 PM
4 minute read
The original version of this story was published on The American Lawyer
The pace of law firm mergers is steadily increasing, according to a report released Monday by legal consultancy Altman Weil.
Since the start of 2015, 48 law firms have announced mergers, the highest half-year total since the Newtown Square, Pennsylvania-based law firm management firm began tracking combinations between legal shops in 2008.
“That's a big first-half number,” said Altman Weil principal Eric Seeger. “We know from our consulting experience that a lot of firms are talking to each other, so we won't be surprised to see another big number” in the second half of the year.
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