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. I have a degree at law, recent MS in regulatory studies. Licensed in KS, admitted b4 S& 7th circuit, but not to Indiana bar due to political correctness. Blacklisted, nearly unemployable due to hostile state action. Big Idea: Headwinds can overcome, esp for those not within the contours of the bell curve, the Lego Movie happiness set forth above. That said, even without the blacklisting for holding ideas unacceptable to the Glorious State, I think the idea presented above that a law degree open many vistas other than being a galley slave to elitist lawyers is pretty much laughable. (Did the law professors of Indiana pay for this to be published?)

  2. Paul Hartman of Burbank, Oh who is helping Sister Fuller with this Con Artist Kevin Bart McCarthy scares Sister Joseph Therese, Patricia Ann Fuller very much that McCarthy will try and hurt Patricia Ann Fuller and Paul Hartman of Burbank, Oh or any member of his family. Sister is very, very scared, (YES, I AM) This McCarthy guy is a real, real CON MAN and crook. I try to totall flatter Kevin Bart McCARTHY to keep him from hurting my best friends in this world which are Carolyn Rose and Paul Hartman. I Live in total fear of this man Kevin Bart McCarthy and try to praise him as a good man to keep us ALL from his bad deeds. This man could easy have some one cause us a very bad disability. You have to PRAISAE in order TO PROTECT yourself. He lies and makes up stories about people and then tries to steal if THEY OWN THRU THE COURTS A SPECIAL DEVOTION TO PROTECT, EX> Our Lady of America DEVOTION. EVERYONE who reads this, PLEASE BE CAREFUL of Kevin Bart McCarthy of Indianapolis, IN My Phone No. IS 419-435-3838.

  3. Joe, you might want to do some reading on the fate of Hoosier whistleblowers before you get your expectations raised up.

  4. I had a hospital and dcs caseworker falsify reports that my child was born with drugs in her system. I filed a complaint with the Indiana department of health....and they found that the hospital falsified drug screens in their investigation. Then I filed a complaint with human health services in Washington DC...dcs drug Testing is unregulated and is indicating false positives...they are currently being investigated by human health services. Then I located an attorney and signed contracts one month ago to sue dcs and Anderson community hospital. Once the suit is filed I am taking out a loan against the suit and paying a law firm to file a writ of mandamus challenging the courts jurisdiction to invoke chins case against me. I also forwarded evidence to a u.s. senator who contacted hhs to push an investigation faster. Once the lawsuit is filed local news stations will be running coverage on the situation. Easy day....people will be losing their jobs soon...and judge pancol...who has attempted to cover up what has happened will also be in trouble. The drug testing is a kids for cash and federal funding situation.

  5. (A)ll (C)riminals (L)ove (U)s is up to their old, "If it's honorable and pro-American, we're against it," nonsense. I'm not a big Pence fan but at least he's showing his patriotism which is something the left won't do.