Experts agree that a merger should not be an endgame for its own sake. Instead, it should serve a broader business goal. For some firms, that might be reaching new markets or adding practice groups that clients are demanding. For other firms, that might be recruiting higher-caliber lawyers or creating efficiency.
“A law firm merger needs to further a strategic imperative that the firm arrived at in a clear-thinking way, and that imperative should not just be growth.”
Jun 1, 2017 5:10 AM CDT