ILNews

Firm mergers at highest number since 2009

IL Staff
April 4, 2013
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U.S. law firm mergers in the first quarter of this year hit a four-year high, Altman Weil Inc. announced Thursday. Twenty-one firms announced mergers and acquisitions, with most deals involving acquisitions of small law firms.

No Indiana-based firms made any combination moves so far this year based on data from Altman Weil.

“U.S. law firms continue to grow, primarily through targeted acquisitions,” Altman Weil principal Ward Bower said in a release. “Firms are picking up specialty practices, expanding in strong markets and adding offices in new cities.”

Two Detroit-based firms announced mergers with firms in Pittsburgh and Phoenix. The combinations were spread across the country and included seven multi-regional combinations.

There were also seven law firm mergers and acquisitions announced at the end of last year that were finalized in the first quarter of 2013. For comparison, there were 14 law firm mergers and acquisitions announced in the first quarter of 2012 and 11 reported at the end of 2011 that took effect in the 2012 first quarter. Those included five Indiana-based firms: Ice Miller LLP, which merged with Columbus, Ohio-based Schottenstein Zox & Dunn; Bingham McHale, which merged with Louisville-based Greenebaum Doll & McDonald to become Bingham Greenebaum Doll LLP; Evansville firm Kahn Dees Donovan & Kahn, which merged with Evansville firm Lavallo & Frank; and Baker & Daniels, which became Faegre Baker Daniels LLP after merging with Minneapolis-based Faegre & Benson.

 

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  1. From his recent appearance on WRTV to this story here, Frank is everywhere. Couldn't happen to a nicer guy, although he should stop using Eric Schnauffer for his 7th Circuit briefs. They're not THAT hard.

  2. They learn our language prior to coming here. My grandparents who came over on the boat, had to learn English and become familiarize with Americas customs and culture. They are in our land now, speak ENGLISH!!

  3. @ Rebecca D Fell, I am very sorry for your loss. I think it gives the family solace and a bit of closure to go to a road side memorial. Those that oppose them probably did not experience the loss of a child or a loved one.

  4. If it were your child that died maybe you'd be more understanding. Most of us don't have graves to visit. My son was killed on a state road and I will be putting up a memorial where he died. It gives us a sense of peace to be at the location he took his last breath. Some people should be more understanding of that.

  5. Can we please take notice of the connection between the declining state of families across the United States and the RISE OF CPS INVOLVEMENT??? They call themselves "advocates" for "children's rights", however, statistics show those children whom are taken from, even NEGLIGENT homes are LESS likely to become successful, independent adults!!! Not to mention the undeniable lack of respect and lack of responsibility of the children being raised today vs the way we were raised 20 years ago, when families still existed. I was born in 1981 and I didn't even ever hear the term "CPS", in fact, I didn't even know they existed until about ten years ago... Now our children have disagreements between friends and they actually THREATEN EACH OTHER WITH, "I'll call CPS" or "I'll have [my parent] (usually singular) call CPS"!!!! And the truth is, no parent is perfect and we all have flaws and make mistakes, but it is RIGHTFULLY OURS - BY THE CONSTITUTION OF THIS GREAT NATION - to be imperfect. Let's take a good look at what kind of parenting those that are stealing our children are doing, what kind of adults are they producing? WHAT ACTUALLY HAPPENS TO THE CHILDREN THAT HAVE BEEN RIPPED FROM THEIR FAMILY AND THAT CHILD'S SUCCESS - or otherwise - AS AN ADULT.....

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