Merger activity is getting back to its pre-recession levels, according to one group that tracks combinations.
When it comes to law firm mergers and acquisitions, the activity has been fairly consistent over the last six quarters, according
to Altman Weil MergerLine, which tracks firm combinations and compiles statistics on the deals.
Fourteen combinations were announced in the first quarter of 2012; 11 were announced toward the end of 2011 that took effect
during the first quarter of this year. Those include five firms with Indiana ties: Evansville firms Kahn Dees Donovan &
Kahn and Lavallo & Frank combined; Ice Miller, based in Indianapolis, merged with Columbus, Ohio-based Schottenstein Zox
& Dunn; Baker & Daniels, based in Indianapolis, combined with Minneapolis-based Faegre & Benson; and Indianapolis-based
Bingham McHale merged with Louisville-based Greenebaum Doll & McDonald.
The Midwest had the third highest number of mergers and acquisitions reported in 2011 based on geographic region, according
to Altman Weil.
Altman Weil principal Eric Seeger said there has been an average of 15 mergers in each of the last six quarters, a pace that
is holding steady at pre-recession levels.
Welcome to First Impressions, a place for sharing your thought about legal news and issues in Indiana and beyond. I'm your host, Jennifer Nelson, Web editor for Indiana Lawyer. Just like in the courtroom, we encourage everyone to interact with civility.
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With all due respect, Rick, I think you probably would be making a mistake by going to law school. The job market for attorneys is so saturated, you may well find yourself unemployed and with a lot of debt. You mention law would be a good supplement to your skills. True. But employers unfortunately don't value that. You will find that a law degree may well pigeonhole you into an attorney slot and limit career options. If you have a good job now I would hold onto that. As an attorney, you may well end up making less with the aforementioned debt.
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Jack, I was only responding to bill's comment of tying everybody in government together. I agree with you though, it takes one bad apple to ruin the bunch.. As in any profession. What's truly unfair is when somebody violates someone's trust and takes complete advantage of someone
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John’s comment is unfair. The majority of attorneys can be trusted. Unfortunately, all it takes is one greedy, unscrupulous, immoral attorney to jade the public.
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In regards to bill's comment about trusting the cover meant. We can trust them about as much as we can trust attorneys'.
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This is disturbing to learn...
Court Calendar
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May 22, 2013 Floyd Weddle v. State of Indiana - 5/22/13
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May 24, 2013 Indiana Patient's Compensation Fund v. Judy Holcomb, Personal Representative of the Estate of Mable Louise Cochran, deceased - 5/24/13
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May 28, 2013 The Estate of Richard A. Mayer and Spangler, Jennings & Dougherty, P.C., v. Lax, Inc., and David Lasco - 5/28/13
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June 12, 2013 Northern Assurance Company of America v. Thomson, Inc., et al. - 6/12/13
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