Economy

How to survive this recessionRestricted Content

February 3, 2010
Rebecca Berfanger
An economy gone sour and law firms not hiring summer associates are familiar concerns for law students now, but these issues also affected lawyers who faced a recession when they graduated from law school in the early 1990s.
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Loan repayment program renamed after justice

October 30, 2009
IL Staff
The recently resurrected Indiana Bar Foundation Loan Repayment Assistance Program has been named in honor of former Indiana Supreme Court Justice Richard M. Givan, who died in July.
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Student loan repayment program resumes

October 26, 2009
IL Staff
A suspended program that helps attorneys working with civil legal aid organizations repay their student loans has been reinstated thanks to the Indiana Supreme Court.
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Efforts to aid those facing foreclosure continue

October 19, 2009
Rebecca Berfanger
More than 1,000 Indiana attorneys, judges, and mediators have attended CLE trainings since June about mortgage foreclosures.
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Group criticizes foreclosure mediation programs

September 23, 2009
IL Staff
A report released today by the National Consumer Law Center examining foreclosure mediation programs believes states, including Indiana, need to make substantial changes before the programs can be effective.
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ISBA offers job-search seminar

September 9, 2009
Jennifer Nelson
he Indiana State Bar Association is offering a free job-search seminar to help unemployed members find legal jobs.
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Report: Ice Miller, Louisville firm end merger talks

September 8, 2009
Scott Olson
Merger talks that began last year between Indianapolis-based Ice Miller LLP and a Louisville-based law firm reportedly have broken down, putting an end to a deal that was expected to close by the end of the year.
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Alternative legal careers series starts Thursday

September 1, 2009
IL Staff
The Indiana University Maurer School of Law's fall Career Choices series kicks off Thursday with a focus on using a law degree to work in the federal government.
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Phone-a-thon helps 2,000 homeowners

July 2, 2009
Rebecca Berfanger
A phone-a-thon June 30 helped 2,000 Indiana homeowners by giving them a chance to get more information if they were afraid of facing foreclosure or already knew their home was or would likely go into foreclosure.
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Shutdown wouldn't cripple legal system

June 30, 2009
Michael Hoskins
As the clock ticked closer to a partial shutdown of state government, the Hoosier legal community received word this afternoon from the Indiana Supreme Court that trial courts should conduct business as usual and that the state's legal system would continue as much as possible if lawmakers fail to pass a budget by deadline.
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AG discusses settlement of mortgage lender suit

May 15, 2009
Michael Hoskins
A civil deceptive practices suit against the former Countrywide Home Loans has ended with a $2.83 million settlement, as well as other components designed to address the state and country's mortgage foreclosure crisis.
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Baker & Daniels cuts more administrative staff

April 17, 2009
Elizabeth Brockett
Baker & Daniels, one of the largest Indiana-based law firms, has cut nine staff positions and implemented a wage freeze for operational staff.
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Bose McKinney lays off 10 attorneys

March 26, 2009
IL Staff
Bose McKinney & Evans in Indianapolis has announced it's cutting 10 attorneys, two paralegals, and 13 staff positions.
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Bose McKinney cuts lawyers, paralegals

March 26, 2009
Elizabeth Brockett
The fifth largest Indianapolis law firm is laying off 10 attorneys, two paralegals, and 13 support staff because of the tumultuous economy.
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Foreclosure defense training April 3 in Indy

March 20, 2009
IL Staff
The Indiana Supreme Court's third mortgage foreclosure training opportunity for attorneys, judges, and housing counselors will be April 3 at Indiana University School of Law - Indianapolis.
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Attorneys leaving Bingham to form new firm

February 11, 2009
Michael Hoskins
Seven attorneys are leaving Indianapolis firm Bingham McHale to form a new insurance litigation firm, a move that one of the departing partners said came as a result of high rates and the large firm's practice group effectively pricing itself out of the market.
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Law firm forecast sees declining profits

February 6, 2009
Scott Olson
Declining profits could be on the dockets of many law firms again this year.
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State of the Judiciary touches on economy

January 14, 2009
Michael HoskinsMore

Indianapolis law firm cutting support staff

January 12, 2009
Michael Hoskins
Indianapolis law firm Bose McKinney & Evans has slashed 11 support jobs, reducing its administrative and operational staff by almost 8 percent.
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Baker & Daniels cuts operational staff

December 12, 2008
Michael Hoskins
Tough economic times are causing law firms across the country to consider staff cuts as a way to trim costs, and the Indiana legal market isn't an exception.
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IU Law - Indy to host roundtable on economy

October 20, 2008
IL Staff
Indiana University School of Law - Indianapolis faculty members will discuss Thursday their analyses of the current economic issues facing the U.S. in a roundtable discussion, "The Economic Crisis and the Emergency Economic Stabilization Act of 2008."
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Legal services program shutting its doors

October 13, 2008
Jennifer Nelson
A long-standing legal services organization in northeastern Indiana is closing its doors because of a lack of funding.
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