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How Much Do Law Firms Pay For Acquisition Targets?

By Aebra Coe

It's a story law firm merger consultants say they've encountered time and time again: The founding partner of a small law firm nears retirement and approaches them to ask, "How much can I get for my law firm?"

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    Courts

    Former DC Chief Deputy AG Joins Hogan Lovells

    A former chief deputy attorney general for the District of Columbia has joined Hogan Lovells as a partner after more than two years at Brownstein Hyatt Farber Schreck LLP, where he helped co-lead its state attorneys general practice group.

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    California Pulse

    Greenberg Traurig Adds McDermott Atty As Philanthropy Lead

    Greenberg Traurig LLP has hired a McDermott Will & Emery LLP partner to chair its tax-exempt organizations and philanthropy practice, the firm said Monday.

  • Headshot of smiling white man with short gray hair wearing a suit and tie

    California Pulse

    Holland & Knight Brings On Former Verily In-House Attorney

    Holland & Knight LLP announced Monday that it has added to its public policy and regulation group an attorney who previously led the product and corporate counsel legal teams and was interim chief privacy officer at Verily, a health research company within Google's parent, Alphabet Inc.

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    California Pulse

    McGuireWoods Taps Consulting Director As Innovation Lead

    McGuireWoods LLP announced Monday that the director of its in-house consulting group, MWAccel, will additionally take on the role of chief innovation and artificial intelligence officer at the firm.

  • Courts

    Croke Fairchild Adds Litigation Attys Including Ex-Ill. Justice

    Chicago-based Croke Fairchild Duarte & Beres LLC has added a former Illinois Supreme Court justice and a former Hinshaw & Culbertson attorney as litigation partners.

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    Legal Tech

    Law Librarians Using Generative AI To Tackle 'Pain Points'

    Law librarians are using generative artificial intelligence to reduce the amount of time they spend on repetitive tasks like summarizing and rewriting content, according to a panel Monday at the American Association of Law Libraries' annual conference.

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    Modern Lawyer

    Haynes Boone Hires Dallas-Based Pro Bono Head

    Haynes and Boone LLP has tapped an attorney who spent the last six years leading the legal department of a women's shelter nonprofit as the new head of the firm's pro bono efforts.

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    Courts

    Former Judge On Trump Assassination Attempt Panel

    A former federal judge who previously sat on an oversight panel for the Secret Service was among those the U.S. Department of Homeland Security announced on Sunday would conduct an independent review of the July 13 assassination attempt on former President Donald Trump.

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    In-House

    Greyhound Lines' Parent Co. Hires New General Counsel

    The parent company of bus service provider Greyhound on Monday named a seasoned in-house attorney to start next month as its new general counsel.

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    California Pulse

    LA Superior Court Closed Monday Due To Ransomware Attack

    The Superior Court of Los Angeles County was forced to close Monday as the court continued to work to repair and reboot network systems that were severely impacted by a ransomware attack that occurred on the same day as an unrelated global tech outage.

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