The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, fell six points in the first quarter to a reading of 50. A PMI of 65 or greater indicates strong law firm market performance. PMI is a composite index of law firm market performance using real-time data drawn from major …
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Hildebrandt Institute
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, …
- July 3, 2012
- Scott Augustin
Law firms mergers up in Q1
The trends towards industry consolidation continues. The Hildebrandt Institute’s MergerWatch Report showed 20 completed law firm mergers that involved U.S. firms in the first quarter of 2012. That represents a 43 percent increase over the first quarter of 2011, which saw only 14 completed mergers and is in stark contrast to the four completed mergers in the …
- April 3, 2012
- Scott Augustin
ABA Journal Legal Rebels blog post: “Time to Explore New Approaches for Law Firm Management?”
Program Director of Hildebrandt Institute’s Peer Monitor, Mark Medice, recently contributed a post to the ABA Journal blog, Legal Rebels, highlighting new approaches and trends seen in law firm management. Today, law firms are pressed to find ways to deliver legal services to their clients more efficiently in an effort to better position themselves in a challenging and volatile market …
- March 20, 2012
- Susan Martin
Peer Monitor Index drops in Q3
The Peer Monitor Economic Index (PMI) dropped six points to 56 in Q3. The Hildebrandt Institute report showed that demand for law firm services weakened slightly, while expenses rose, reducing law firm productivity and profitability. Although demand for litigation services rose 1.5 percent in the third quarter, demand for transactional services such as M&A fell, due largely …
- October 31, 2011
- Susan Martin
