Home

More Mergers Expected After Slow ’09
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Law firm mergers are expected to rise in 2010 after falling by 24 percent in 2009.

There were 53 mergers last year that involved law firms with 20 or fewer employees, according to a report by Altman Weil MergerLine. The report said law firms’ “cautious approach” in 2009 came as a direct result of the ailing economy.

“Most firms spent 2009 focused on internal issues of cost cutting, layoffs, and compensation adjustments in response to the Great Recession,” Altman Weil consultant Ward Bower said in a statement. “We expect to see an uptick in 2010 as deals currently on hold pending 2009 year-end results are finalized.”

  
What
Where


London-based Lovells LLP and Washington-based Hogan & Harston LLP provided the biggest merger of 2009 with regards to number of lawyers involved. The two organizations have a combined 2,532 lawyers, according to the study. The firms’ partners voted to approve the merger last month. The new firm will be known as Hogan Lovells starting May 1.



 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Antitrust Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks Senior Antitrust Associate Attorney with 7 years of experience....

Apply Now

Senior Antitrust Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks Senior Antitrust Attorney with 9 y...

Apply Now

Patent Attorney

USA-DC-Washington

Washington, D.C. office of a BCG Attorney Search Top Ranked Law Firm seeks Patent Attorney with 1 ye...

Apply Now

RELEVANT JOBS

Senior Electronic Files Specialist

USA-DC-Washington

Project Supervisor US-DC-Washington Supporting the Most Exciting and Meaningful Missions in th...

Apply now

Contract Attorney - PI and Insurance Litigation

USA-TX-Houston

This is a key role in a fast-growing law firm founded by a forward-thinking entrepreneurial lawyer. ...

Apply now

Paralegal / Office Administrator

USA-GA-Gainesville

Compensation:     $15 to $20 Hourly Employment Type:    Full-Time ...

Apply now

General Legal Counsel (Work-life balance and exciting opportunity working in-house for a tech compan

Canada-AB-Edmonton

Not your everyday legal position. Work-life balanced, yet with variety and challenge: a position you...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top