Mergers & Acquisitions,
Law Practice,
Law Office Management
Mar. 7, 2015
Diligence curbs conflict in law firm mergers
Among the many risks inherent in law firm combinations is ensuring the amalgam does not run afoul of ethical rules prohibiting client conflicts.
Since 2013, there's been approximately 168 law firm mergers in the U.S., the most ever. As the economy recovers, and fueled by the hope of scale, reach and profits, mergers seem poised to continue their popularity.
Among the many risks inherent in law firm combinations is ensuring the amalgam does not run afoul of ethical rules prohibiting client conflicts. More specifically, where the prospective law firms have past or present adversity between clients, or affiliates of clients....For only $95 a month (the price of 2 article purchases)
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