Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
It’s
not
like
there
are
really
any
new
law
firms
being
created.
It’s
only
really
going
to
go
one
way.
The
firms
that
exist
are
going
to
consolidate
with
each
other.
No
one
wants
someone
downstream,
who
is
less
profitable
than
them,
so
that
greatly
limits
the
number
of
true
merger
options
you
have
there.
And
if
the
good
ones
are
pairing
up,
you
don’t
want
to
be
the
ones
[left].
—
Jeff
Lowe,
senior
managing
partner
and
market
president
for
Washington,
D.C.,
at
recruiting
and
consulting
firm
CenterPeak,
in
comments
given
to
the
American
Lawyer,
concerning
law
firms
leaders’
heightened
response
to
the
industry’s
recent
merger
mania,
where
there’s
“definitely
a
sense
that,
if
we
don’t
do
anything,
we’re
going
to
get
left
out.”
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on
X/Twitter
and
Threads
or
connect
with
her
on
LinkedIn.