As Mergers Surge Industrywide, California Law Firms May Face More Offers
Law firm merger activity in California is not slowing down.
January 14, 2019 at 04:18 PM
3 minute read
The pace of law firm mergers in California is not likely to slow soon, industry watchers say.
2018 was a record year for law firm combinations, with 106 mergers announced industrywide, according to Altman Weil MergerLine, which tracks law firm combinations. According to MergerLine, 11 of those combinations involved at least one California-based firm.
Four out-of-town firms acquired California boutiques in 2018, three California-based midsize firms announced acquisitions of smaller shops in California, and two California boutiques acquired smaller firms on the East Coast. Los Angeles-based Littler Mendelson also made two acquisitions outside the U.S.
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