FOCUS OF THE DAY: Research illustrates rising trend for law firm mergers over past year. Mergers between law firms have soared 65% in the past year. Some 385 mergers took place in 2013, up from 234 in 2012, according to accountants Wilkins Kennedy, as the legal sector consolidated to save on costs. Larger firms snapped up smaller players to make themselves more profitable and combat increased competition from other legal services, providers. Full story - The New Law Journal
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