Report: Law firm mergers are down from last year

There have been 47 deals announced through mid year, says the report, with 20 in the second quarter, the latest figures of law firm mergers show. By comparison, there were 51 in the first half of 2018.  “It may seem counter-intuitive, but we’re actually seeing increased interest in large deals behind the scenes,” Thomas S. Clay, a principal for Altman Weil was quoted as saying. “However, the larger and more complex a combination is, the more slowly it is likely to progress and that can cause a temporary dip in the deal flow,” Clay said.

One of the biggest names in the second quarter mergers list was New York-based firm Greenberg Traurig, with 2,000 lawyers, which merged with its longstanding Italian partner, Santa Maria Studio Legale in Milan. And global megafirm Denton’s grew even more by adding smaller firms in Zimbabwe and in Australia.

Report: Law firm mergers are down from last year

Leave a Reply

is the international magazine, in English, that covers legal and inhouse affairs in the United States, through experiences beyond Italy’s borders to reach overseas destinations and all over the world.

For more information, visit the Group’s website

LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram