Florida ranked as the third most active state for mergers, according to consultancy Altman Weil. The top ranking comes as the Sunshine State sees increased legal interest from global vereins such as Dentons and Baker McKenzie and from billionaires fleeing high-tax states.
Last year was a record year for law firm combinations. Firms across the globe combined in 115 mergers—nine more than the previous record of 106 combinations set in 2018. Florida saw seven law firm combinations last year, according to Altman’s MergerLine report, putting the state one ahead of Georgia and Minnesota (6) and behind New York (8) and California (9).
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