MacEwen: Law Firm M&A Demands ‘Cultural Due Diligence’
Jan. 14, 2015 (Mimesis Law) — Bruce MacEwen, president at Adam Smith, Esq., talks with Lee Pacchia about the concept of ‘cultural due diligence’ in law firm mergers and acquisitions. According to Bruce, clients don’t care about a law firm’s culture, but merger partners should. Bruce discusses how cultural red flags led to troubles at failed law firm Dewey & LeBouef and how they could come into play in the more recent transactions yielding Locke Lord Edwards and Squire Patton.
Main image via Flickr/Andrew.