Law firm mergers up in 2012
Law firm mergers in the first half of 2012 were up compared with the same period last year, according to the latest Hildebrandt Institute MergerWatch Report. The Hildebrandt Institute tracked five completed mergers that involved U.S. firms in the second quarter of the year. This brings the total for the first half of 2012 to 25, higher than the 22 mergers in the first half of 2011 and 14 in the first half of 2010.
In keeping with a trend noted in the first quarter of the year, some firms are taking advantage of opportunities to strengthen their presence in local markets.
Outside the U.S., there were 20 completed mergers in the second quarter, compared with 15 mergers in the second quarter of 2011 and nine mergers in second quarter 2010. For the first half of 2012, there were a total of 40 mergers.
