The Year of the Law Firm Merger
October 26, 2017
According to every indication, 2017 is poised to be a record year for law firm mergers. Altman Weil’s MergerLine reports that the end of the third quarter of this year, there have already been 76 deals. This pace signals that the 2015 record of 91 deals is likely to be broken and experts predict that there could be more than 100 combinations this year. Mergers involve many complicated and moving pieces (compensation policies; client conflicts issues; leadership and administrative reorganization and consolidation; etc.) and can create anxiety and tension. Pro bono, however, can be an effective piece of a larger