Multilaw Chair Hope Krebs interviewed by the ABA Journal
Not ready for a merger? Law firm networks offer an expansion alternative
Multilaw Chair, Hope Krebs was interviewed for a feature in the June issue of the ABA Journal on the benefits of legal networks for firms looking to increase their geographic footprint entitled Not ready for a merger? Law firm networks offer an expansion alternative.
For law firms eager to gain geographic diversity, Hope Krebs suggests an approach she believes is far less risky than merging: a law firm network.
“With a global merger, there are so many hurdles you have to overcome in each jurisdiction,” says Krebs of Philadelphia, who co-chairs the international practice group at Duane Morris. “If you’re going to expend those resources, you’d better make sure you know what you’re getting. With a network, you know the quality of the lawyers. In a network, although resources are consumed, it’s nothing like a merger.”
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