Ronald Shechtman Authors NYLJ Article About Law Firm Mergers
Pryor Cashman Managing Partner Ronald H. Shechtman authored the New York Law Journal Article, “To Merge or Not to Merge” which appeared on March 21, 2016.
A Jan. 19, 2016 New York Law Journal article reported that "boutiques and midsize firms competing with large firms are under increasing pressure to merge or grow in size." But the demise of regional, mid-sized firms has been greatly exaggerated. The evolutionary theory that cited them as dinosaurs has been challenged by not only the continuity of firms like Pryor Cashman, but also by other mid-sized firms thriving in the current law firm economic environment where clients are demanding value for their legal fee dollars.
Shechtman discusses mid-sized firms and their place and continuity in the legal market.