Law Firm Mergers Hit 4-Year High

Law firm mergers and acquisitions in the South have been as high as it’s been in four years, according to the most recent data from legal industry consulting firm Altman Weil. The Nashville Business Journal reports the organization’s MergerLine indicates the highest number of mergers and acquisitions occurred since first quarter 2009, primarily concentrated among small firms. Of the 21 acquisitions announced through the first quarter, 19 involved firms with 25 or fewer attorneys.