NALSC: the National Association of Legal Search Consultants’ Post

Law firm merger mania continues unabated and is a world-wide phenomena. Kristin Stark, a principal at Fairfax Associates, attributes the frenzy to client pressure and the difficulty for firms outside of the Am Law 50 to grow via lateral activity, without getting dented by attrition. See further discussion of past, present, and predicted future law firm merger activity here: https://buff.ly/3Wdsv0I Legal recruiters, what are you seeing in your markets? #nalsc #lawjobs #legaljobs #legalrecruiting #lawfirmmergers

The votes are in! Exciting news coverage here from Bloomberg Law on our firm's expansion and merger plans. Visit our combined "microsite" at harrisbeachmurtha.com to learn about the combination and why it's a win for our clients and attorneys! #legalnews #lawfirms #newyork #newengland #newroads

Whether you're expanding or selling, understanding the key considerations is important for you next business move. Luckily, we're here to guide you through the process. Visit https://bit.ly/3S9vftv to check out our blog to explore the five essential areas to evaluate before proceeding with a merger or acquisition. #BusinessLawFirm #PrivateEquityLaw #MergersAndAcquisitions #CharlestonSC #LegalRepresentation #CommercialRealEstate #lawyerlife #attorney #lawyer #lawfirm #lawyeroffice #attorneylife #lawyerlifestyle #lawyering #foralloflifestransactions

"Larger firms' desire to expand into new markets and smaller firms' need to become more competitive underscored a merger flurry that stretched from Boulder to Boca Raton, according to interviews and press releases from the moves." (The American Lawyer) https://lnkd.in/eZGg6Dk4 #lawmergers #legalindustry #legaljobs #lawjobs #biglaw #legalmarket

Mergers have taken center stage with news of Big Law partners voting to approve tie-ups of large firms in the span of six days. Consolidation is accelerating as competitors seek scale to bolster credentials, access clients and talent in new markets, and spread the growing costs of running law firms over more lawyers.

After a strong first quarter for law firm mergers in 2024, the past week saw no fewer than six law firm combinations, along with a large group move in Boston. Larger firms’ desire to expand into new markets and smaller firms’ need to become more competitive underscored a merger flurry that stretched from Boulder to Boca Raton, according to interviews and press releases from the moves. An appetite for growth in the Am Law 200 and competitive pressure on boutiques are likely to fuel more mergers in 2024, said law firm consultant Kristin Stark of Fairfax Associates. “We continue to see steady interest in law firm merger discussions, so I do anticipate the numbers for 2024 will be higher than 2023,” Stark said. Read more on the growth of legal through mergers here: https://lnkd.in/eZGg6Dk4 #hiring #DEIB #diversityequityinclusionbelonging #diversityrecruiting #hersishiring #HERSadvisors #recruitmentredefined #DEI

In the third major law firm merger announcement in less than a week, Womble Bond Dickinson and Lewis Roca Rothgerber Christie said they will combine effective Jan. 1. The deal will create a 1,300-lawyer firm with 37 offices in the U.S. and U.K. The firms, which said they had combined gross revenue of more than $742 million last year, will operate under the Womble Bond Dickinson name. Womble, the larger firm with nearly 1,100 attorneys, is the product of a 2017 transatlantic merger between North Carolina-based Womble Carlyle Sandridge & Rice and U.K.-based law firm Bond Dickinson. The firm has 640 lawyers across its U.S. offices and about 450 in the U.K. Phoenix-based Lewis Roca has 220 lawyers in Colorado, Nevada, California and Arizona. Read Sara Merken's report: https://reut.rs/3MDBtyn

⭐️⭐️⭐️⭐️⭐️ Another glowing client review for Stuart Law! We are proud to share this feedback from Chad Groggel, who has worked with Attorney Todd on a variety of merger and acquisition deals. His expertise, knowledge, and personable approach make a real difference to our clients. Thank you, Chad, for the kind words and your recommendation! Have legal questions? We’re just a call away! 📞 (616) 202-6541 or visit this link: https://lnkd.in/gNSmA6Bd #LegalReview #googlereview #Googlereviewsmatter #5StarReview #lawfirm #lawfirmgrowth #review #clientfeedback #clientfeedbackmatter #ClientTestimonial

I wrote a dating column! Well, law firm dating at least... I decided to play matchmaker and suggest a few transatlantic mergers that could work. They are based on which firms are open to a merger in theory, along with an analysis of financials, practice areas, and geographic footprints. Firms mentioned include: Linklaters, Herbert Smith Freehills, Ashurst and Clyde & Co. #Lawfirms #BigLaw #Mergers #Dating

Bloomberg Law's reporters and editors are on the job, and digging in on issues surrounding the legal industry. Check out this deep dive into the recent spate of law firm mergers, and then contact me to see more of what Bloomberg Law can offer you. It's a great time to give us a look.