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. in a lawyer discipline case Judge Brown, now removed, was presiding over a hearing about a lawyer accused of the supposedly heinous ethical violation of saying the words "Illegal immigrant." (IN re Barker) http://www.in.gov/judiciary/files/order-discipline-2013-55S00-1008-DI-429.pdf .... I wonder if when we compare the egregious violations of due process by Judge Brown, to her chiding of another lawyer for politically incorrectness, if there are any conclusions to be drawn about what kind of person, what kind of judge, what kind of apparatchik, is busy implementing the agenda of political correctness and making off-limits legit advocacy about an adverse party in a suit whose illegal alien status is relevant? I am just asking the question, the reader can make own conclsuion. Oh wait-- did I use the wrong adjective-- let me rephrase that, um undocumented alien?

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  3. You can put your photos anywhere you like... When someone steals it they know it doesn't belong to them. And, a man getting a divorce is automatically not a nice guy...? That's ridiculous. Since when is need of money a conflict of interest? That would mean that no one should have a job unless they are already financially solvent without a job... A photographer is also under no obligation to use a watermark (again, people know when a photo doesn't belong to them) or provide contact information. Hey, he didn't make it easy for me to pay him so I'll just take it! Well heck, might as well walk out of the grocery store with a cart full of food because the lines are too long and you don't find that convenient. "Only in Indiana." Oh, now you're passing judgement on an entire state... What state do you live in? I need to characterize everyone in your state as ignorant and opinionated. And the final bit of ignorance; assuming a photo anyone would want is lucky and then how much does your camera have to cost to make it a good photo, in your obviously relevant opinion?

  4. Seventh Circuit Court Judge Diane Wood has stated in “The Rule of Law in Times of Stress” (2003), “that neither laws nor the procedures used to create or implement them should be secret; and . . . the laws must not be arbitrary.” According to the American Bar Association, Wood’s quote drives home this point: The rule of law also requires that people can expect predictable results from the legal system; this is what Judge Wood implies when she says that “the laws must not be arbitrary.” Predictable results mean that people who act in the same way can expect the law to treat them in the same way. If similar actions do not produce similar legal outcomes, people cannot use the law to guide their actions, and a “rule of law” does not exist.

  5. Linda, I sure hope you are not seeking a law license, for such eighteenth century sentiments could result in your denial in some jurisdictions minting attorneys for our tolerant and inclusive profession.

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