Credit: Feodora/Adobe Stock Chasing Net Growth, Law Firms Look to 'Mergers of Magnitude'
"We're seeing a lot of interest in mergers of magnitude because laterals and [lateral] groups tend to rarely result in net growth, or net growth that is satisfying to the overall strategy," said law firm consultant Kristin Stark.
February 01, 2023 at 03:27 PM
4 minute read
Law Firm Competition
While large lateral groups and boutique tie-ups gained momentum last year, more sizable combinations were announced at least once a week in January, reflecting a common desire among law firm leaders for more transformational growth.
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