Law Firm Merger Mania May Be A Mistake

Law360, New York (January 8, 2014, 9:03 PM EST) -- With 2014 predicted to be another banner year for law firm tie-ups, experts say growing evidence suggests that the industry's focus on mergers to address stagnant demand isn't resolving client concerns or curing many firms' financial woes.

And while a handful of high-profile deals that fell apart last year also hold lessons for those committed to tie-ups, they shouldn’t distract managers from the fact that many firm leaders are relying on shaky reasoning for making deals, said James Jones, senior fellow at the Georgetown Law Center...
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