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A tale of two takes on law firm mergers in '08
Law firms didn't slow down their march to the altar in the second quarter of 2008, but just how many mergers occurred depends on whom you ask. Altman Weil announced a sharp increase in merger activity during the second quarter. It pegged law firm mergers at 26, compared with 18 in the first quarter. At the same time, competitor Hildebrandt International announced steady merger activity, with a total of 14, compared with 12 mergers in the first quarter of 2008. The discrepancy stems from how the two consultancies count the pairings.Law firm mergers haven't slowed — but the number depends on whom you ask
Law firms didn't slow down their march to the altar in the second quarter of 2008, but just how many mergers occurred depends on whom you ask. Altman Weil announced a sharp increase in merger activity during the second quarter. But competitor Hildebrandt International said merger activity was closer to holding steady compared to the first three months of 2008.Law firm mergers climb in second quarter of '08
Law firm mergers climbed significantly in the second quarter of 2008 compared with the first quarter, according to new research. Law firm consultancy Altman Weil tracked 26 law firm mergers and acquisitions in April, May and June, mostly involving small firms, compared with 18 during the first quarter of 2008.Growth recedes amid bad economy
Growth at the 250 largest law firms in the country receded this year, likely a reflection of the economic downturn of 2008. The results of our 31st annual survey of the nation's largest law firms show that they added 4.3% more attorneys this year, compared with 5.6% growth in 2007. Global megafirm DLA Piper held its position at the top of the list, with 3,785 attorneys.Trending Stories
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