While legal consultancies Altman Weil and the Hildebrandt Institute report that mergers involving U.S. law firms were down in the second quarter of 2012 compared with the same period last year, statistics show that the industry saw more tie-ups in the first half of this year than it did during the first six months of 2011.
Hildebrandt, a division of Thomson Reuters, announced Tuesday that its tally recorded 25 mergers involving U.S. firms in the first two quarters of 2012, three more than the 22 that occurred in the first half of 2011 and 11 more than the 14 completed in the first half of 2010.
