Law firm news by topic » Mergers

Olswang revenue falls in latest earnings report

Aug 9, 2016 Olswang reported declining financial performance in its first full financial year under new CEO Paul Stevens, announcing an 11% drop in turnover and an 8% drop in profit. The firm remains optimistic about its performance…

more »

US law firms continue to merge at record pace

Apr 9, 2014 US aw firms continue to merge at a record pace, according to a new report from legal consulting group Altman Weil. Twenty-two firms announced mergers or acquisitions during the first quarter of 2014, and mergers…

more »

2013 breaks law firm merger record

Nov 26, 2013 2013 has been a record year for law firm mergers, with 78 mergers going ahead already, and a few more expected before the year is out. This year’s figures beat the previous record of 70 mergers in 2008, says the Am…

more »

Are mega-mergers offering value to clients?

Nov 18, 2013 The increasing number of ‘mega-mergers’ between law firms that are already very large, is being treated with a measure of skepticism by GCs from the Fortune 100, according to a recent Wall Street Journal…

more »

Swiss verein arrangements on the rise

Oct 5, 2013 Law firms are pursuing mergers at an astonishing rate, seeking out greater stability and market reach by partnering up at the domestic and international level. The Swiss verein model has become an increasingly…

more »

King & Wood Mallesons in for further mergers

Aug 7, 2013 Robert Milliner, the former chief executive partner of Mallesons Stephen Jaques who brokered its merger with King & Wood, has predicted further mergers for the mega firm. Milliner, who acted as the chief executive…

more »

UK top 50 see revenue growth

Aug 7, 2013 The top 50 law firms in the UK grew nearly 5 per cent in the 2012-13 financial year, making last year their third consecutive year of growth amid a troubled economy. Legal Week reports that much of the growth was…

more »

US law firms on track for record year of mergers

Jul 15, 2013 US law firms are merging at a cracking pace, with 39 mergers announced in the first half of the year. The figures, published by Altman Weil MergerLine, put the industry on track for a record-breaking number of mergers…

more »

Malpractice claims on the rise in the US

Jul 4, 2013 The number of malpractice claims against law firms is on the rise, along with the number of multi-million dollar payouts, according to a new study. Insurance broker Ames & Gough surveyed seven leading professional…

more »

Survey shows the risks of lateral hiring

Jun 26, 2013 A new survey shows that lateral hiring may carry significant business risk. The survey reports that five out of seven major malpractice insurers that responded to the survey said they experienced an increase in…

more »