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Two firms need a strategic reason to tie the knot -- strengthening certain practice areas or expanding their geographical reach -- that will bring in business neither could have won on its own. And despite constant courtship, U.S. law firm mergers have fallen since the record high of 75 in 2001. Domestic unions dropped to about 50 in 2002 as bigger firms now eye each other and look for international partners.
October 24, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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