Legal Management Magazine
January 2025
Constructing a Winning Law Firm Merger or Acquisition
As of the third quarter of 2024, 41 law firm mergers have been completed — a pace that’s on par with 2023; which is anticipated to rise in 2025, according to data from professional service consultancy Fairfax Associates. In today’s competitive market, some firms may pursue a merger or acquisition with a firm that has a compatible book of business to potentially obtain opportunities for cross-selling and increase their cash flow. Keep reading.
