Firm Watch
Dec. 29, 2007
Firms Are Making Mergers Work
California's law firms continued to consolidate in 2007, just as industry observers predicted they would at the end of last year. Jay S. Zimmerman, left, and Marshall Grossman celebrate after Alschuler Grossman merged into Bingham McCutchen in May, giving Bingham a Southern California litigation practice and a second L.A.-area outpost.
Daily Journal Staff Writer
California's law firms continued to consolidate in 2007, just as industry observers predicted they would at the end of last year.
But if the subprime mortgage fallout has anything to do with it, law firms may not be so quick to absorb one another next year as they keep a closer eye on their bottom lines.
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