Firms get urge to merge; as the largest firms seek to gain in size, more speed up their growth through mergers
Article Abstract:
Many US law firms took advantage of the country's healthy economy by merging in 1998. The need to grow quickly spurred many law firm mergers, and pressure from clients to grow geographically as well as by practice area was the reason for others. The National Law Journal's annual list of the 250 largest law firms found that 7 of the 10 law firms with the highest percentage of growth in 1998 also merged, with Thelen, Reid and Priest, a product of Thelen, Marrin, Johnson and Bridges and Reid and Priest leading the list.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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To recruit minorities, retain
Article Abstract:
Private sector law firms competing with the corporate and public sectors can have a difficult time attracting and holding qualified minority candidates. Chicago's Sidley and Austin decided a coordinated, multifront strategy placing as much emphasis on retention as on recruitment was the way to build a minority presence in the firm. Firm leaders say the efforts are paying off, with minority attorneys numbering 17 partners, 58 associates and two of counsel.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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