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Bigger law firms, bigger business?
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As industries produce larger companies through mergers and acquisitions, the trend toward law firms developing into larger, regional ones is good news for Mississippi.
"If you look across the country, almost every industry is going through a very rapid process of consolidation," said Bill Reed, president and COO of Baker Donelson's Jackson office.
"There are mergers and acquisitions going on every day between banks, manufacturing companies, distributors, telecommunications companies, for example, and we're ending up with bigger and bigger clients. The consequence for law firms is that in the ...
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