Law Firms Merging At Record Pace, Report Finds

It’s been an active several years for law firm mergers, and the rate of consolidation is still increasing, according to a new report.

The consultancy firm Altman Weil recorded 48 law firm combinations in the first half of 2015, marking the highest mid-year number in the nine years it has been tracking such activity.

Nineteen combinations took place in the second quarter, with the legal behemoth Dentons leading the way and in merger talks to combine with even more firms.

In January, Dentons announced plans to merge with China’s Dacheng Law Offices to create a firm with 6,000 lawyers; and by July 1, it had finalized ...