(Credit: wei/stock.adobe.com) Law Firm Mergers May Accelerate in Second Half of 2023
The timeframe for completing a merger is lengthening, and the likelihood of a roadblock is greater, but "given the level of activity," Fairfaix analysts anticipate an acceleration in completed deals.
July 03, 2023 at 03:23 PM
3 minute read
The original version of this story was published on The American Lawyer
Law firm mergers remain on the rise and are due for "an acceleration" as the year continues, according to a report on Monday. However, the number of combinations during the first half of 2023 is still below average, and negotiations over potential unions could become more volatile as they involve larger firms, analysts wrote.
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