It's the conventional wisdom among law firms that bigger is better for the firm and its clients. But from what Thomas Sager, DuPont's chief litigation counsel, has seen, in most cases corporate legal departments have been negatively affected by law firm mergers and acquisitions. His law department has parted ways with a few of its primary law firms because their mergers produced some untenable situations. Sager attributes problems with law firm mergers to three reasons: cost, culture and conflicts.
May 29, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
It’s the conventional wisdom among law firms that bigger is better for the firm and its clients — corporate legal departments such as ours at E.I. du Pont de Nemours and Co.
There were 50-plus law firm mergers in 2006, more than in each of the three preceding years, and it doesn’t look as if the merger mania will slow down. But that’s not a good thing, from where I sit.
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