After a slowdown in 2020, law firms of all shapes and sizes are exploring merger talks now and some common trends are emerging among the ongoing talks. Specifically, matching place with practice is becoming more important in merger considerations, firm leaders and observers said.

“There’s increasingly an interest in aligning geographic priorities with industry sectors and practice priorities, meaning if you’re prioritizing life sciences, that would cause you to prioritize geography that sees greater investments and deals in that sector, like Boston, like New York, like Northern California,” said Kent Zimmermann, a law firm management consultant at the Zeughauser Group. “And if you’re looking at energy, Texas is frequently part of the mix.”

This content has been archived.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 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]