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The average lifespan of a law firm can vary significantly, but many firms tend to last around 20 to 30 years. Factors such as management practices, market conditions, and the ability to adapt to changes in the legal landscape can influence longevity. Some firms may thrive for over a century, while others may dissolve or merge within a few years. Overall, the legal industry is dynamic, and the lifespan of a law firm often reflects its adaptability and strategic vision.
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