Law Firms Joining Forces in 2026: Why Bigger is Better

A Trend Driven by Size and Competition

In 2025, law firms merged at an unprecedented rate. 59 mergers took place, marking an 18% increase from the previous year. Experts predict this trend will continue into 2026, with size being the primary driver.

Why Size Matters

Bigger firms have more financial resources. They can afford to hire top talent and invest in cutting-edge technology, including artificial intelligence. These tools enhance efficiency but come at a high cost. Mergers allow firms to share expenses and stay competitive.

Key Mergers in 2025

• Seven major mergers involved firms with over 100 lawyers.
• Most mergers included at least one small firm, indicating a desire to expand and grow.

Upcoming Mergers in 2026

Three major mergers are already confirmed:

1. Hogan Lovells + Cadwalader

   • 3,100 lawyers
   • $3.6 billion in revenue

2. Winston & Strawn + Taylor Wessing

   • Scheduled for May 2026

3. Ashurst + Perkins Coie

   • Expected later in the year

Global Expansion

U.S. and UK firms are merging to strengthen their global presence.

• U.S. firms seek a stronger foothold in London.
• UK firms aim to expand into the U.S. market, including New York.

The Driving Force Behind Mergers

The legal industry is experiencing slow growth, forcing firms to innovate and expand. Mergers are a strategic way to gain market share and remain competitive.