The Impact of Culture on Law Firm Growth Through Merger
After one of our law firm leadership meetings two attendees asked if we could spend a few minutes on our approach to mergers. Where would we start and why do so many mergers fail? Two great questions.
Today more firms are looking at merging to grow. Through September of 2024 there have been 41 completed mergers according to Fairfax Associates. To put this in context from 2000 to 2020 there were 30 mergers between Am Law 200 firms.
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