X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Fashion trends come in waves. Apparently, so do law firm management strategies.

After a busy decade of trans-Atlantic mergers, including 10 combinations of U.S. and U.K. firms between 2000 and 2011, there was a distinct slowdown. Only one major trans-Atlantic merger was completed between January 2011 and February 2017. Then word of the Eversheds Sutherland merger broke. Soon after, rumors began emerging that Womble Carlyle and Bond Dickinson were to merge. Then came news of the Bryan Cave and Berwin Leighton Paisner combination. Beyond those three examples, others have been whispered about, both privately and publicly, as is the case of the rumored merger between Allen & Overy and O’Melveny & Myers. Clearly, something is in the air.

There are many differences between the last round of mergers and the current one. But a key difference is the knowledge that comes with experience. In the early 2000s, law firm leaders were boldly going where no law firm had gone before. Trans-Atlantic mergers between law firms had not been experimented with. There was little knowledge of the complexity involved or the benefits that might come from increased cross-selling or cost synergies. Today, law firm leaders have significantly more information. Much can be learned from examining past mergers. Given that these mergers are once again en vogue, it’s time to take stock of past mergers and see what they achieved.

The Forces at Play

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Marketing the Law Firm: Business Development TechniquesBook

Marketing the Law Firm: Business Development Techniques examines how marketing can improve client satisfaction and increase the bottom line for both corporate and consume...

Get More Information
 

Think Globally

How does your firm compare against firms around the globe? Evaluating a potential global alliance? Find critical information on the Global 200 law firms in Legal Compass - compare financials, track laterals, and more.

Get More Information
 

The American Lawyer Industry Awards 2021Event

Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.