One of the nation’s leading group legal plan providers recently acquired a lesser-known player, while a rival firm considered this avenue as one of several strategic moves to enhance shareholder value – proving the adage about strength in numbers may be particularly compelling in this business climate.
Hyatt Legal Plans, a MetLife Company whose nationwide network includes 5,200 law firms, spent the summer dotting the i’s and crossing the t’s on a deal to acquire Allstate Corporation’s group legal plans business, which is known as Signature LegalCare.
