Partners Hesitant to Combine Can Tank Firms’ Opportunities at Development, Survival

The prime-time show for a law practice to combine is when a mix is not essential to its survival, according to experts; nevertheless, partner hold-outs declining to think about a merger or particular merger partner can trigger a company to miss this perfect window of chance, leading to long-lasting repercussions and even in its ultimate death.

According to one market expert, “lower-performing partners are typically afraid of a merger and what it would suggest for them,” and even more recommended that there were indications this hesitation prowled behind the current choice by beleaguered company Stroock & & Stroock & Lavan to choose dissolution.

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