Firm mergers & the economy

December 4, 2008
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Looks like Locke Reynolds answered the question I posed in a blog from October.

Locke confirmed they are merging with Louisville-Cincinnati firm Frost Brown Todd and taking that firm’s name. This is the second merger a large Indianapolis firm has undertaken this year. In May, Sommer Barnard became Taft Stettinitus & Hollister.

Plus, the Indianapolis Business Journal has reported that Ice Miller is set to merge with Louisville firm Greenebaum Doll & McDonald. Which firm could be next?

Law firms in Indianapolis claim the economy isn’t that bad right now and they aren’t experiencing the issues that the big firms in larger cities like Chicago or New York are facing.

We hear about things happening at law firms – whether it’s staff layoffs, merger discussions, or trimming summer associate positions – but when we try to confirm these things with firms, we get a denial, a “no comment”, or no response at all. Firms have no problem calling us or reaching out to us when they want us to know about a new practice group they’ve created or that a partner has been selected for a committee with a charitable group.

Can the Indiana legal community still say that its not being affected by this current economy now that we’ve got at least two large firms that have merged with out-of-state firms this year? That’s not even taking into account the smaller firms around the state that have joined forces in the last year. Is our legal community in denial, or are these mergers not an indicator that Indiana’s legal community is struggling and firms are looking to remain indispensable?
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  1. wow is this a bunch of bs! i know the facts!

  2. MCBA .... time for a new release about your entire membership (or is it just the alter ego) being "saddened and disappointed" in the failure to lynch a police officer protecting himself in the line of duty. But this time against Eric Holder and the Federal Bureau of Investigation: "WASHINGTON — Justice Department lawyers will recommend that no civil rights charges be brought against the police officer who fatally shot an unarmed teenager in Ferguson, Mo., after an F.B.I. investigation found no evidence to support charges, law enforcement officials said Wednesday." http://www.nytimes.com/2015/01/22/us/justice-department-ferguson-civil-rights-darren-wilson.html?ref=us&_r=0

  3. Dr wail asfour lives 3 hours from the hospital,where if he gets an emergency at least he needs three hours,while even if he is on call he should be in a location where it gives him max 10 minutes to be beside the patient,they get paid double on their on call days ,where look how they handle it,so if the death of the patient occurs on weekend and these doctors still repeat same pattern such issue should be raised,they should be closer to the patient.on other hand if all the death occured on the absence of the Dr and the nurses handle it,the nurses should get trained how to function appearntly they not that good,if the Dr lives 3 hours far from the hospital on his call days he should sleep in the hospital

  4. It's a capital offense...one for you Latin scholars..

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