One key to pulling off a successful law firm merger might be stated as follows: You can't get to where you're going unless you know where you're at. Before a law firm initiates the process of entering into a merger or acquisition that will alter its nature and character, it should know itself well; it should understand the needs, desires, core values, priorities, and expectations of the relevant constituencies within the firm.
June 28, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Not even strange bumps in the night will awaken partners in a cold sweat quite like the prospect of a major merger of their law firm.
Notwithstanding all the hype about law firm mergers, the fact remains that while such combinations may be good business in the abstract, when it comes down to a specific proposal for a law firm, the anxieties (both real and imagined) begin to grow exponentially.
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