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Making Merged Firms Work As One

Why Law Firms Merge

Law firms merge for the below offensive and defense reasons:

  • To increase their opportunities for retaining a client base;
  • To enhance their capacity to serve larger and more prestigious clients;
  • To broaden the geographic area(s) served by the merged firm;
  • To derive benefits not otherwise available, ie, the synergistic effect);
  • To strengthen or add specialty areas to satisfy requirements of present and future clients; and
  • To correct structural imbalances, ie, to offset the departure of partners, the experience level of attorney personnel, etc.

Finding a merger candidate can be a daunting process. However, integrating a merged group of attorneys into a “new” firm's culture, practice environment and organizational structure so that attorneys from both firms work as one may be a greater challenge.

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