Finding the Right Law Firm Merger Candidate-Five Fundamentals

Law firm mergers are a regular occurrence in today’s American legal landscape.  Large or small, they happen because law firms and their leaders see merger has meeting a perceived need.  Whether seeking greater market share, pursuing untapped lucrative markets, responding to a demographic challenge, or fixing inadequate succession preparations, a merger can represent the right solution.  But mergers are neither easy nor assured of success.  Indeed, many mergers don’t achieve their desired goals and in some cases, render a firm worse off.