Another Ohio firm moves in

March 3, 2010
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Let’s begin saying our goodbyes to the name Dann Pecar Newman & Kleiman because in about a year, it will be gone from Indianapolis. Dann Pecar is the latest Indiana firm to merge with an out-of-state firm and lose its name.

Indiana lost the monikers of Sommer Barnard and Locke Reynolds in the past two years after being acquired by Ohio firms. Now Dann Pecar will become Benesch/ Dann Pecar and then just Benesch Friedlander Coplan & Aronoff. Benesch is also based in Ohio.

This may be the first one of the year – or at least first one we’ve learned about – but my guess is this may not be the only merger we’ll see in the next year. Dann Pecar’s former managing partner told the Indianapolis Business Journal that the firm had been searching for a merger partner for several years and even had discussions with two firms based in Indianapolis. He didn’t name them or say where two other firms they spoke with were based.

Legal consultants Altman Weil expect to see an uptick in mergers this year because many deals were on hold pending 2009 year-end results. Mergers were down 24 percent in 2009 as compared to 2008. The Midwest saw nine mergers last year, including Barnes & Thornburgh’s acquisition of a Minneapolis firm, and Indianapolis firm Galbraith Associates’ merger with a larger Cleveland-based firm.

Care to guess whether Indiana will see any more mergers this year? Will those mergers happen with a firm not based in Ohio?
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  1. I just wanted to point out that Congressman Jim Sensenbrenner, Senator Feinstein, former Senate majority leader Bill Frist, and former attorney general John Ashcroft are responsible for this rubbish. We need to keep a eye on these corrupt, arrogant, and incompetent fools.

  2. Well I guess our politicians have decided to give these idiot federal prosecutors unlimited power. Now if I guy bounces a fifty-dollar check, the U.S. attorney can intentionally wait for twenty-five years or so and have the check swabbed for DNA and file charges. These power hungry federal prosecutors now have unlimited power to mess with people. we can thank Wisconsin's Jim Sensenbrenner and Diane Feinstein, John Achcroft and Bill Frist for this one. Way to go, idiots.

  3. I wonder if the USSR had electronic voting machines that changed the ballot after it was cast? Oh well, at least we have a free media serving as vicious watchdog and exposing all of the rot in the system! (Insert rimshot)

  4. Jose, you are assuming those in power do not wish to be totalitarian. My experience has convinced me otherwise. Constitutionalists are nearly as rare as hens teeth among the powerbrokers "managing" us for The Glorious State. Oh, and your point is dead on, el correcta mundo. Keep the Founders’ (1791 & 1851) vision alive, my friend, even if most all others, and especially the ruling junta, chase only power and money (i.e. mammon)

  5. Hypocrisy in high places, absolute immunity handed out like Halloween treats (it is the stuff of which tyranny is made) and the belief that government agents are above the constitutions and cannot be held responsible for mere citizen is killing, perhaps has killed, The Republic. And yet those same power drunk statists just reel on down the hallway toward bureaucratic fascism.

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