Credit: jozefmicic/Adobe Stock Geographic Expansion, Increased Competitiveness Underscore String of Law Firm Mergers
From A&O Shearman to a series of boutique acquisitions, law firm tie-ups are helping firms expand into new markets and raise their stature in the marketplace.
May 02, 2024 at 10:47 AM
4 minute read
Law Firm Mergers
What You Need to Know
- The past week saw at least five law firm combinations, plus a large group hire in Boston.
- Behind the moves are firms' desire to enter new markets and become more competitive, according to recent statements from managing partners.
- This year is shaping up to be more active in law firm mergers than 2023, law firm consultant Kristin Stark said.
After a strong first quarter for law firm mergers in 2024, the past week saw no fewer than six law firm combinations, along with a large group move in Boston.
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