3rd Quarter Shows Uptick In Law Firm Mergers

Law360, New York (October 6, 2009, 5:29 PM EDT) -- The third quarter brought an increase in law firm mergers, but firms remain wary about assuming others' problems in the midst of a still-rebounding economy, according to a new report.

On Tuesday, consulting firm Altman Weil Inc. released its quarterly merger analysis, which showed that law firm unions had shot up by nearly 50 percent since the second quarter of 2009.

During the third quarter, there were 13 law firm mergers, a marked increase from the seven deals recorded in the previous quarter.

The second quarter...
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