The larger regional practices in my area are on a spending spree at the moment, smaller and larger practices being taken over, spoke to a friend who said it was the same in his area too.
We have both received many emails from larger firms offering to buy our practice or clients with very good terms, flexible etc.
It is working out okay for us as we've had a fair few clients who have left the larger firm to go back to a smaller player.
Has the industry always been like this? Or is it hotting up. I don't really see the need for consolidation in the industry or that there are major economies of scale to be had.