ILNews

Report: Ice Miller, Louisville firm end merger talks

Scott Olson
September 8, 2009
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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.

Citing an unnamed source at Greenebaum Doll & McDonald PLLC, Business First of Louisville reported Friday that months of negotiations between the firms had ended. The source said it became apparent within the past month that the merger would not move forward.

IBJ first reported in December that the two firms were poised to tie the knot. Ice Miller hasn't confirmed or denied the potential partnership and has repeatedly declined to discuss the negotiations. IBJ is a sister paper to Indiana Lawyer.

In an e-mailed statement to IBJ this morning, Ice Miller Managing Partner Byron Myers said the firm constantly is evaluating "growth opportunities" to better serve clients.

The source told Business First that Greenebaum Doll partners became concerned that aligning with a larger firm such as Ice Miller might result in a rate increase at a time when many clients already are struggling because of the recession.

Ice Miller has 258 attorneys, compared with Greenebaum Doll's 180. Both practices are venerable stalwarts in their respective cities - Ice Miller was founded in 1910 and Greenebaum Doll in 1952.

Sources have told IBJ that operational differences between the two - namely in the way the firms compensate partners - were taking longer than expected to sort out and may have helped stall a deal.

A failed merger with Ice Miller would represent the second time in the past few years that Greenebaum Doll could not close a deal. The firm had been in negotiations with St. Louis-based Thompson Coburn LLP about four years ago.

In addition to Louisville, Greenebaum Doll has Kentucky offices in Covington, Frankfort and Lexington, as well as in Cincinnati and in Nashville, Tenn.

Ice Miller has 227 lawyers in Indianapolis, ranking it as the third-largest in the city, according to the most recent statistics submitted by the firm to IBJ. It has 31 lawyers in Chicago, the Chicago suburb of Lisle and Washington, D.C.

Overall, law firm merger activity slowed during the second quarter, according to Chicago-based legal consultancy Hildebrandt. Nine mergers and acquisitions were completed compared with 14 in the second quarter of 2008.

Ice Miller may have an incentive to become larger to help offset its traditionally lucrative bond work, which is struggling in the challenging economy. Legislation passed by the General Assembly last year that puts big-ticket school construction projects to a referendum hasn't helped, either. Those projects are typically funded by bond sales.

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  1. 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

  2. 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

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

  4. I would like to suggest that you train those who search and help others, to be a Confidential Intermediary. Original Birth Certificates should not be handed out "willie nillie". There are many Birth Parents that have never told any of their families about, much less their Husband and Children about a baby born prior to their Mother's marriage. You can't go directly to her house, knock on her door and say I am the baby that you had years ago. This is what an Intermediary does as well as the search. They are appointed by by the Court after going through training and being Certified. If you would like, I can make a copy of my Certificate to give you an idea. you will need to attend classes and be certified then sworn in to follow the laws. I still am active and working on 5 cases at this time. Considering the fact that I am listed as a Senior Citizen, that's not at all bad. Being Certified is a protection for you as well as the Birth Mother. I have worked with many adoptees as well as the Birth Parents. They will also need understanding, guidance, and emotional help to deal with their own lost child and the love and fear that they have had locked up for all these years. If I could talk with those involved with the legal end, as well as those who do the searches and the Birth Mothers that lost their child, we JUST might find an answer that helps all of those involved. I hope that this will help you and others in the future. If you need to talk, I am listed with the Adoption Agencies here in Michigan. They can give you my phone number. My email address is as follows jatoz8@yahoo.com. Make sure that you use the word ADOPTION as the subject. Thank you for reading my message. Jeanette Abronowitz.

  5. The promise of "Not to Tell" is the biggest lie ever given to a Birth Mother. THERE WERE NEVER ANY PROMISES GIVEN TO ANY OF US. One of the lies used to entice us to give up our Babies. There were many tactics used to try to convince us that it was best for Mother and Baby to cut the cord at birth. They have no idea of the pain and heartache that was caused by their attitude. The only thing that mattered was how great and wonderful they appeared to the prospective parents and their community. I completed my search, but that didn't stop the pain, heartbreak and the tears of the last 62 Years. I keep track and do know that he is alive, well educated and a musician. That little knowledge in itself is a Godsend to me. I pray that other Mothers also know that much and more to help heal their pain and open wounds. open wounds.

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