Another big merger is underway in the Boston legal community. Is the mid-sized firm showing further signs of weakening?
From Law.Com: “Edwards & Angell is joining forces with Palmer & Dodge, another New England law firm known for strengths in intellectual property and finance. The two firms set a Nov. 1 target date to complete their proposed deal. The newly combined firm, which will be called Edwards Angell Palmer & Dodge, will have 520 attorneys and nine offices in the United States, with 55 percent of its lawyers operating out of Boston.”
Even if there will now be two fewer firms in this middle space, it seems that rumors of the death of the mid-sized firm are quite exagerated. In Boston alone, several firms with 100+ lawyers are still having very profitable years. The AmLaw 200 still lists several firms that operate principally in New England.