“Mergers ahead” November 19 Boston Business Journal article, quoted Peter A. Johnson on the potential rebound of law firm mergers.
From the article:
“’Ultimately, it is the client that drives all this activity,’ said Peter A. Johnson, a principal of Law Practice Consultants LLC in Newton. ‘It’s the client’s lens and view that matters in the end.’”
“’We’ve seen it pick up in terms of interest, though maybe not results, yet,’ Johnson said. ‘There are a number of smaller niche firms that are looking to combine to be able to provide diversified platforms to their clients.’”
“’Firms that have been more severely exposed to the economic decline, such as those focused on real estate or development, may seek strategic partners to help smooth out future ups and downs,’ Johnson added.”