Mid-Sized Law Firms Use Strategic Mergers to Rival Top-Tier Competitors



Several law firms outside the Am Law 50 are closing the competitive gap with top firms by strategically merging with other entities, significantly enhancing their scale and capabilities. Ballard Spahr (No. 99 in the Am Law 100) and Womble Bond Dickinson (No. 88) have recently announced mergers that are projected to increase their revenues by hundreds of millions of dollars. Furthermore, Troutman Pepper and Locke Lord approved a merger, potentially resulting in an Am Law 50 firm with over 1,600 lawyers across 33 offices. This strategic move could fortify their position among the top firms. For more information on how these firms are rising through game-changing combinations, please refer to the article.