With five weeks left, 2013 is already a record-setting year for tie-ups involving U.S. law firms. And as the latest spate of deals pushed the total number of mergers announced so far this year to 78—past the previous high of 70 set in 2008—The Am Law Daily caught up with legal consultants Ward Bower and Tony Williams to discuss the trend toward consolidation here and abroad.
For his part, Bower, a principal with Newtown Square, Pa.–based legal consultancy Altman Weil, believes this year’s tie-up total has yet to reach its peak. “I expect we’ll see quite a few more before the end of the year,” he says.
