In the third quarter alone, there were 19 law firm mergers and acquisitions announced in the United States, according to Altman Weil MergerLine. There have been a total of 58 law firm combinations announced this year – up 41% compared to the first three quarters of 2012, and the total may top out at 70. According to Altman Weil:
Stinson Morrison Hecker, a Midwestern law firm headquartered in Kansas City, announced it would merge with Minneapolis-based Leonard Street and Deinard.
Lewis and Roca,...
The landscape of the legal industry is seeing some pronounced changes, according to a recent analysis by Newton Square, Pa.-based Altman Weil Inc.
During the second quarter of 2013, 18 law-firm mergers and/or acquisitions were announced in the U.S., according to the latest Altman Weil MergerLine — which tracks law-firm combinations as they are announced by media outlets and press releases.
Over the first six months of the year, there have been a total of 39 mergers.
Should the pace of mergers...