With 14 deals announced between the start of July and the end of September, merger and acquisition activity in the law firm sector remained robust, legal consultant Altman Weil said Monday. And the fourth quarter appears to be off to a healthy start as well.
The 14 third-quarter transactions brought the total number of law firm deals so far this year to 43, a 78 percent increase over the relatively small number of mergers that the industry saw in 2010. Earlier this year, Altman Weil found that small firm acquisitions were driving much of the merger market in 2011.
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