The record-breaking year for law firm mergers included firms with strong Indiana ties. Altman Weil MergerLine suggested this summer that 2013 could see a high number of mergers and acquisitions. Going into the fourth quarter, 78 mergers had been announced, eight more than the previous record of 70 set in 2008. Included in this year’s mergers is Taft Stettinius & Hollister’s combination with Chicago firm Shefksy & Froelich, which brings Taft to nearly 400 attorneys firm-wide.
In addition to Taft, four other firms in the state have combined this year. In June, Lorch and Naville and Ward King Agnew in New Albany combined to create a 14-attorney firm of Lorch Naville Ward LLC. In September, Fort Wayne firm Federoff Kuchmay LLP merged with Carson Boxberger LLP, upping the total of attorneys at Carson Boxberger to 27.