Firms generally merge to stay ahead of the game, become more competitive in their local market and elsewhere and, of course, respond to clients’ needs. And while there can sometimes be seen a ripple effect of mergers, several firms have held tight to their independence whether it be through choice or circumstance.
What effect does the whirlwind of mergers have on the psyche of managing committees within firms that have yet to join to the nonorganically growing? Some of the local managing partners spoke with The Legal Intelligencer about just that.