Client Demands Continue To Drive Law Firm Mergers

Law360, New York (April 18, 2008, 12:00 AM EDT) -- Legal consultants say a faltering economy is not slowing down U.S. law firm mergers, and the number of combinations is holding steady with merger activity from previous years.

Last week alone, three law firm combinations were announced, and two firms said they were in the middle of talks to create a 1,700-lawyer team spanning the globe.

The first quarter of this year also got off to a strong start, with consulting firm Altman Weil Inc. identifying a total of 17 firm combinations.

Judith M. Katany, managing...
To view the full article, register now.