Is MegaLaw Just Big Enough To Fail?

Law360, New York (March 22, 2015, 4:05 PM EDT) -- Globalization and the lure of lucrative cross-border transaction work are driving the emergence of a new class of international megafirms, but experts say the advantages of size may be offset by ballooning overhead costs and the inevitability of client conflicts.

To many industry watchers, the recent Dentons-Dacheng blockbuster tie-up — which brought us a 6,500-lawyer, 50-country global firm — is a preview of the coming era of MegaLaw, where legal leviathans rule the earth and other firms are left to fight over the scraps.

Attorney growth...
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