Stewart & Irwin P.C. in Indianapolis shut down this summer and its closure remains a mystery. The firm ceased practice without a public statement or acknowledgment. In early June, its top-floor offices at 251 E. Ohio St. in Indianapolis were locked after a private gathering a few days prior for people who had worked there. Representatives of some clients listed on the firm’s website who spoke to IL on condition of anonymity said they received notice letters from the firm just a few days before its closing at the end of May. Those clients said they continue to have relationships with former Stewart & Irwin lawyers who moved on to different firms.
The firm is said to have engaged in merger discussions dating back a year or more, but none panned out.
Stewart & Irwin was founded in 1921 and represented a wide range of private-sector and government clients. It had downsized by almost one-third in the past five years. The firm listed on its website just before shutting down that it had 24 lawyers, including 13 shareholders or equity shareholders, five associates and six attorneys listed either as of counsel or retired. In the 2008 Indiana Legal Directory, S&I listed 34 lawyers: 21 shareholders or equity shareholders, seven associates and six of counsel.
Attorneys from the firm ended up scattered around the city, including at SmithAmundsen LLC, Bose McKinney & Evans LLP and Katz & Korin P.C.