Altman Weil's 10 Years of Law Firm Mergers Report

Altman Weil recently released a special report "10 Years of Law Firm Mergers".  Click here for a copy of the report. 

Tons of interesting insight provided by the report, such as:

  • 78% of the acquisitions were of small firms of 2-20 lawyers.  Smaller acquisitions can be done quickly and are a low risk way to buy market share.
  • 49% of the acquisitions in the U.S. were in the South (Florida and Texas mostly) and the Middle Atlantic (New York and Pennsylvania led the way).  Geography is an important dynamic.
  • Since 2013, there have been more than 80 acquisitions per year.  85 acquisitions closed in 2016.