Law Firm Mergers Set New Record in First Quarter
Mergers among U.S. law firms continued at their rapid clip in the first quarter, with 29 announced combinations, according to legal management consultancy Altman Weil Inc.
April 06, 2015 at 12:29 PM
3 minute read
Mergers among U.S. law firms continued at their rapid clip in the first quarter, setting a new record with 29 announced combinations, according to legal management consultancy Altman Weil Inc.
Among them was the largest-ever merger to take place between law firms: 2,600-lawyer Dentons with 4,000-member Dacheng Law Offices in China in a deal announced in January, as reported by The Am Law Daily.
Other large international law firm merger announcements in the first quarter included the tie-up between Morgan, Lewis & Bockius, a firm with more than 1,800 lawyers, and Singapore firm Stamford Law Corp., with 80 attorneys. Also, DLA Piper, a firm with 4,200 lawyers, revealed in March that it would acquire Vancouver-based Davis, with 260 lawyers.
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