Law Firm Mergers May Hit Record-Breaking Total In 2013

Law360, New York (July 8, 2013, 6:50 PM EDT) -- Law firm mergers are on record pace this year, according to industry experts and a tally released Monday, as managers push a two-pronged strategy of providing more local service to existing corporate clients and wider geographic marketing.

The second quarter of the year saw 18 law firm mergers and acquisitions announced in the U.S., according to firm consultant Altman Weil's MergerLine count, bringing the mid-year total to 39, well ahead of pace to break a five-year-old record.

Barring an unforeseen cataclysm, the year's merger total will break...
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