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Consultant says law firm mergers declined 24 percent over past year

Law firm mergers announced in the U.S. in 2009 fell 24 percent from the previous year and may rise in 2010, Altman Weil MergerLine said in a report. About four out of five of the 53 new deals involved buying law firms with 20 or fewer lawyers, according to Altman Weil, a legal consulting firm based ...

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