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2013 could see record number of U.S. law firm mergers

There have been 39 mergers so far this year

This year could be a record-breaking one for U.S. law firm mergers.

According to the consulting firm Altman Weil, there have been 39 mergers so far this year, with 18 announced in the second quarter of 2013.

“The largest annual total for U.S. law firm mergers was 70 in 2008,” Altman Weil Principal Ward Bower said in a press release. “If the current pace continues, it looks like 2013 will surpass that record.”

The largest of the 18 deals announced in Q2 was between St. Louis firm Husch Blackwell (543 lawyers) and Texas firm Brown McCarroll (65 lawyers). Baker & McKenzie claimed the only cross-border deal in Q2 when it merged with 45-lawyer Dubai-based Habib Al Mulla.

See a complete list of the law firm mergers and acquisitions that have happened so far this year.

For more recent law firm news from InsideCounsel, read:

Ballard Spahr merges with New York boutique

Goodwin Procter closes its San Diego office

Law firm hourly rates jumped 4.8% last year

Weil, Gotshal & Manges lays off employees, cuts partner pay

Two Biglaw firms contend with employment litigation

Epstein Becker to close Atlanta office

Joe Lieberman joins Kasowitz Benson Torres & Friedman

Ashley Post

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