Law Firm Mergers in Second Quarter Hit Double Digits — if Just Barely
July 8, 2010 | By: Editor
Source: Law.com – Newswire
Law firm merger activity, moribund since early 2009, is showing signs of a resurgence, says legal consulting firm Hildebrandt Baker Robbins in its latest MergerWatch report. After four quarters of decline, the number of mergers involving U.S.-based firms reached 10 in the second quarter of this year. “We are seeing significant interest in combinations, including a dramatic increase in cross-border transactions,” says Lisa Smith, head of Hildebrandt’s law firm strategy and merger practice.
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