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Robert Nourian was quoted in the October 20, 2016 edition of the Philadelphia Business Journal article

01/24/2017

Robert Nourian was quoted in the October 20, 2016 edition of the Philadelphia Business Journal article titled : "Why local law firms have been quiet with M&A this year"

Legal recruiter Robert Nourian of Center City's Coleman Nourian said for local firms, the drop off in deal flow is not due to lack of effort.

"With all of the activity over the past few years, much of the low hanging fruit was picked," Nourian said. "And it takes a while for new [potential sellers] to reach the point where they would consider a merger. There are also only so many small or midsized firms with the rate structure and sophisticated practice to fit into a large firm that does commercial work and the competition for those firms is intense. Just look at the Philadelphia market. How many small and midsized firms would fit that criteria?"