Building off a record-setting year in 2017, the law firm merger market shows no signs of slowing down if the first quarter of 2018 is any indication, according to a March 30 report by legal consultancy Fairfax Associates.
There have been 20 tie-ups involving U.S. law firms within the first three months of this year, stated Fairfax, which counts combinations once they are completed. That number is slightly lower than the 22 mergers completed during the same time last year, but is still on par with historical averages, the report added.
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