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Shea & Gardner is, by most accounts, a healthy law firm. With profits per partner of $840,000 expected this year the firm seems to be thriving. But last week, the 70-lawyer firm announced it is merging with 500-lawyer, Boston-based Goodwin Procter. When the news broke, D.C.'s community of small and midsize firms issued a collective sigh. That's because for years, big firms have been urging them to merge and consultants have been predicting their demise as a calls for consolidation become harder to ignore.
July 20, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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