Walker Clark
Worldview Archives
Merger, Best Friends, or Something Else?
Many small and midsize law firms find themselves in some difficult — and for most of them, unprecedented — strategic predicaments.
They also are confronted with a wide range of possibilities such as, mergers, Vereins, general and specialized networks, and "best friends" relationships.
How can each firm make the decision that is best for them?
Adopt a "merger mentality" even when it's not a merger.
Small and mid-sized law firms are receiving lots of proposals for affiliations that are less than a traditional law firm merger. They frequently ask us, "How should we evaluate these opportunities?" We advise our clients to approach them in the same way that they would to consider a full merger.
This is one of the ten most frequently viewed posts in the Worldview Archive, with more than 10,000 visits since it was first published in 2015.
