This is a crucial time for many law firms across the country as they develop their post-pandemic strategies, and research we have undertaken has shown that merger and acquisition (M&A) activity will form a significant part of their thinking. Our in-depth research with 100 law firms of varying sizes conducted by IRN Research indicates that firms feel they need to move faster than organic growth allows. However, it also finds that they often have a dangerously ad hoc approach to identifying targets for M&A.
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