Wake Up Call: Law Firm Mergers Apt to Rise in 2023, Report Says

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Law firm mergers were up last year and likely to continue to increase in 2023, according to a new report from Fairfax Associates. The report said the 46 completed law firm mergers it counted for 2022 were up by five from 2021’s tally but still below their 10-year average of 55. The report noted several significant midsize mergers in the US in 2022, but fewer cross-border tie-ups than in previous years. (Fairfax Associates)
• Big Texas corporate law ...