Mergers & Acquisitions,
Corporate
Mar. 19, 2025
Legal giants merge as rainmakers cash in
The legal industry is experiencing a surge in mergers and high-profile dealmaker moves, driven by competition for growth, top talent, and profitability.
Kate Reder Sheikh
Partner, Major, Lindsey & Africa
Associate Practice Group
Kate Reder Sheikh is a partner in the Associate Practice Group at Major, Lindsey & Africa, an Allegis Group company.
Why are firms merging and is it related to dealmakers changing firms?
There have been several highly notable law firm mergers in the last five years - Allen & Overy with Shearman & Sterling, Troutman Pepper and Locke Lord, Ballard Spahr and Lane Powell, Womble Bond Dickinson and Lewis Rocha, to name a few.
It will help to start with why firms merge. The short answer is that larger firms have outperformed smaller firms for as...
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