6 Areas Often Underestimated In Law Firm Mergers

Law360, New York (February 28, 2013, 10:30 AM EST) -- When law firms merge, everything typically looks good on paper. From the alignment of practice groups to the geographical footprint, the new partnership is poised to expand its ability to service and grow its client base as well as increase its overall profits per partner. However, realizing that potential is not a guarantee. In fact, most mergers fail to capture the anticipated benefits or maximize synergies that were expected when joining forces.

The senior partners and executives who negotiate mergers naturally place their primary focus on...
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