(Credit: Feodora/Adobe Stock) With High Interest in Law Firm Acquisitions, 'A Likely Uptick' in Mergers Underway
Law firms with between 400 and 800 lawyers are especially hungry to acquire smaller firms right now, noted Lisa Smith at Fairfax.
April 01, 2024 at 04:18 PM
4 minute read
What You Need to Know
- Fairfax Associates tracked 20 completed mergers across the industry through the first three months of the year, a 25% increase over the same period last year.
- The pace of tie-ups so far, coupled with high interest and combinations already scheduled, reflect
- Firms with between 400 and 800 lawyers are especially hungry to acquire smaller firms right now, said Lisa Smith.
Law firm mergers have accelerated in 2024, as law firm interest in smaller-firm acquisitions remains high, and major cross-border combinations remain on the table this year, according to a new report.
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