Few observers expect law firm mergers to stop dominating legal industry headlines anytime soon. The volume of announced deals is poised to break records this year, and legal consultants say the number of firms engaged in undisclosed negotiations is also on the rise—making early intelligence about potential mergers an especially hot commodity.
Law firm mergers hit their 12-month peak in 2015, with 91 deals. The next year, that figure dropped to 85. But this year is easily on pace to surpass the record, with Altman Weil principal Eric Seeger predicting the number could hit 100 for 2017.
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