ILNews

Ice Miller, Bingham Greenebaum Doll reduce downtown office space

Back to TopCommentsE-mailPrintBookmark and Share

A couple of Indianapolis’ largest law firms are giving up space in two downtown office towers, exemplifying how the legal profession is shifting the way in which it conducts business.

Ice Miller LLP and Bingham Greenebaum Doll LLP have re-signed long-term leases to retain their large downtown presences. But Ice Miller gave up two of its nine floors at OneAmerica Tower, on the northwest corner of Illinois and Ohio streets. Bingham gave up one of its six floors at Market Tower, 10 W. Market St.

Ice Miller, the city’s third-largest firm based on number of attorneys, also moved some back-office operations across Illinois Street to Capital Center to further reduce expenses and provide roomier working conditions.

Capital Center’s rent of $20.50 per square foot is cheaper than OneAmerica Tower’s $24.50, saving Ice Miller a hefty six-figure sum per year, said Phil Bayt, one of the managing partners.

Ice Miller will retain 130,000 square feet at OneAmerica Tower; Bingham will keep 78,000 square feet at Market Tower.

“We’ve been on a quest to make sure that we examine every dollar of cost that we incur to understand how we can deliver our services more cheaply,” Bayt said.

The economic downturn forced scores of law firms to become more flexible with billing rates to retain clients and remain competitive. Reducing space is an obvious way to cut costs, as rent is among firms' largest expenses.

For Ice Miller and Bingham, whose long-term leases were set to expire, this was their first opportunity since the downturn to explore the cost savings.

“Just because you’re a senior partner who’s been around 30 years, you probably don’t need that office if you’re only coming in once a week,” said Julie Armstrong, executive director of the Indianapolis Bar Association.

Another huge relic: the law library. Ice Miller once had the largest in the state outside the law schools, Bayt said. Most tomes and documents have been converted to electronic volumes, making the rows of binders and shelves nearly obsolete.

“[Reducing space] is definitely a trend simply because technology has enhanced our ability to do more with less,” said Mary Solada, Bingham’s managing partner. "We're essentially right-sizing. We don't need as much library space."

Bingham Greenebaum Doll, the city’s fifth-largest firm, formed in late 2011 from the merger of Bingham McHale LLP with Louisville-based Greenebaum Doll & McDonald. Bingham’s decision to reduce its space would have occurred regardless of the marriage, she said.

Both Ice Miller and Bingham plan to remodel their existing space to make it even more efficient.

Ice Miller's Bayt said his firm will invest $2 million in system-wide technology upgrades to improve virtual office capabilities.  

Ice Miller is eliminating its lunch room, for instance, and converting it to multi-purpose space that will serve as a coffee shop during the day and a reception area in the evening.

“There are simply more lawyers than there is legal business nationwide,” Bayt said. “You’ve got to differentiate yourself on quality and efficiency. If you don’t, you can’t compete for legal business.”

Several local law firms have merged or folded in recent years as the legal market becomes more competitive. The latest, Stewart & Irwin P.C., closed late last month.

Founded in 1922, the general practice firm had 22 lawyers as of April and ranked as the city’s 21st-largest firm, according to IBJ research.

Its demise has left a one-floor vacancy within Two Market Square at 251 E. Ohio St.
 
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
Subscribe to Indiana Lawyer
  1. Unlike the federal judge who refused to protect me, the Virginia State Bar gave me a hearing. After the hearing, the Virginia State Bar refused to discipline me. VSB said that attacking me with the court ADA coordinator had, " all the grace and charm of a drive-by shooting." One does wonder why the VSB was able to have a hearing and come to that conclusion, but the federal judge in Indiana slammed the door of the courthouse in my face.

  2. what a wonderful world we are living, i still doubt this spell caster how he did it!!! i am Shechan Caroline am from Los Angeles I am so happy to let the whole word know how this powerful spell caster saved my marriage.Everything was going down the drain as my husband can not stop cheating on me with other women. It became used to always heating on me. I tried to make him stop, but I couldn't help the situation, the more I tried, the harder it becomes. At times we will fight and go apart for some months and we will come back again just because of our kids. One day a friend told me about this spell caster who helped her too, his name is Dr.oku, she said he uses white magic spells to solve spiritual problems. I decided to give it a try, I contacted him and he told me it will take just 2 to 3 days and I will see great changes in my husband. He actually cast a spell, believe me after 2 to 3 days of the spell, my husband was confessing different names of woman he has slept with. He begged for forgiveness and never to try it again. From that day till now, my mind is at rest. My husband dislike every other women on earth except me. And am so happy to have him for myself alone.The spell caster’s contact is okutemple@gmail.com or add him on whasapp +2347053113465?

  3. I agree. My husband has almost the exact same situation. Age states and all.

  4. Thanks Jim. We surprised ourselves with the first album, so we did a second one. We are releasing it 6/30/17 at the HiFi. The reviews so far are amazing! www.itsjustcraig.com Skope Mag: It’s Just Craig offers a warm intimacy with the tender folk of “Dark Corners”. Rather lovely in execution, It’s Just Craig opts for a full, rich sound. Quite ornate instrumentally, the songs unfurl with such grace and style. Everything about the album feels real and fully lived. By far the highlight of the album are the soft smooth reassuring vocals whose highly articulate lyrics have a dreamy quality to them. Stories emerge out of these small snapshots of reflective moments.... A wide variety of styles are utilized, with folk anchoring it but allowing for chamber pop, soundtrack work, and found electronics filtering their way into the mix. Without a word, It’s Just Craig sets the tone of the album with the warble of “Intro”. From there things get truly started with the hush of “Go”. Building up into a great structure, “Go” has a kindness to it. Organs glisten in the distance on the fragile textures of “Alone” whose light melody adds to the song’s gorgeousness. A wonderful bloom of color defines the spaciousness of “Captain”. Infectious grooves take hold on the otherworldly origins of “Goodnight” with precise drum work giving the song a jazzy feeling. Hazy to its very core is the tragedy of “Leaving Now”. By far the highlight of the album comes with the closing impassioned “Thirty-Nine” where many layers of sound work together possessing a poetic quality.

  5. what a wonderful world we are living, i still doubt this spell caster how he did it!!! i am Tamara Barrow am from USA I am so happy to let the whole word know how this powerful spell caster saved my marriage.Everything was going down the drain as my husband can not stop cheating on me with other women. It became used to always heating on me. I tried to make him stop, but I couldn't help the situation, the more I tried, the harder it becomes. At times we will fight and go apart for some months and we will come back again just because of our kids. One day a friend told me about this spell caster who helped her too, his name is Dr.voodoo, she said he uses white magic spells to solve spiritual problems. I decided to give it a try, I contacted him and he told me it will take just 2 to 3 days and I will see great changes in my husband. He actually cast a spell, believe me after 2 to 3 days of the spell, my husband was confessing different names of woman he has slept with. He begged for forgiveness and never to try it again. From that day till now, my mind is at rest. My husband dislike every other women on earth except me. And am so happy to have him for myself alone.The spell caster’s contact his email at: voodoospelltemple66@gmail.com visit his website on http://drvodoospelltemple.webs.com

ADVERTISEMENT