With the merger of Indiana’s Wooden McLaughlin and Dinsmore Shohl leading the more than two dozen law firm combinations that were announced in the first quarter of 2021, the new year is expected to bring a return of robust consolidation activity in the legal market.
Legal pros on demand: Latitude Indiana to provide attorneys, legal services for short-term needs
A new legal services company rooted in Nashville has recently settled in Indianapolis, with a Hoosier attorney at the helm. Latitude, a Tennessee-based legal services provider founded in 2014, announced the establishment of its Indiana office last month. The company claims it will provide on-demand, sophisticated attorney expertise for Indiana corporations and law firms while increasing flexibility and reducing costs.Read More
Bingham goes big: Combination with Dentons part of ‘national law firm’ launch
The first steps that led to the combination of Bingham Greenebaum Doll with international giant Dentons were taken in the late spring of 2018, when Bingham leaders W. Tobin McClamroch and Keith Bice fielded a proposal from a friend. In the conference room of Bingham’s Indianapolis office, Joe Andrew, Dentons global chairman and former partner at Bingham Summers Welsh & Spilman, told the partners about the need he saw for a national law firm with offices across the country. No firm currently has an office in the top 20 markets even though, he said, clients are everywhere.Read More
Young attorneys turn to personal branding, new technologies for business development
With only a few years of legal experience, how can associates convince clients to entrust them with important legal matters? What steps can young attorneys take to make a name for themselves in an increasingly competitive market? Many see personal branding as a key.Read More
As a small-firm practitioner who makes her money by providing personal legal services, networking is vital for the continued source of clients I need to support my business and keep my associates busy. Planning committees, nonprofit boards, volunteering, social gatherings and local events were my go-to formula for expanding my circles and getting my name and face in front of people who needed to hire a lawyer for highly personal and sometimes sensitive reasons. They needed to have met me in person. They needed my name to come from someone they knew and trusted. At least, that is what I believed to be the only way, until that way no longer existed. And I am not just saying its disappearance is because of the pandemic.
Law firms are the very definition of traditional businesses, but in a modern world, traditional business models get expensive. Law firms should be operating offices to house staff, but they tend to fill those offices up with obsolete items like paper files and document/email servers.
Frost Brown Todd is opening a new office in Washington, D.C., consolidating the firm’s federal public policy and regulatory practices into the new location and drawing upon the expertise of attorneys throughout the firm’s other nine offices, including Indianapolis.
Marketing is critical to strategic law firm growth. This holds true for solo attorneys and Vault-ranked firms. For those wanting to enhance their social media marketing, consider these four resources.
While once it was almost imperative that lawyers needed to meet in person with clients, that is not necessarily the case anymore. Many law firms have embraced newer platforms to keep in touch, including all forms of social media. That’s a good thing and will be used long after this pandemic is over.
Former Indiana University Director of Athletics Fred Glass plans to resume his law career in October, joining the Indianapolis office of Taft Stettinius & Hollister LLP as a partner.
The effect of the COVID-19 pandemic on the legal profession has been a mixed bag. In some ways, the law, like many other industries, has suffered. Corporate clients are pulling purse strings tighter, while practice areas such as personal injury have seen a slowdown in cases. But in other ways, the pandemic has been a boon for lawyers.
Dentons has announced a future combination with Salt Lake City-based Durham Jones & Pinegar, which is being billed as the largest law firm combination announced since the beginning of the COVID-19 pandemic. The global legal giant announced the combination Tuesday as part of its strategy that also included its combination finalized earlier this year with the former Bingham Greenebaum Doll.
During this unprecedented time, I have been asked by a number of clients if they should alter their marketing plans. My answer is “Yes, but don’t stop marketing.” Further, attorneys — like many other businesses — while still doing at least partial in-person interaction, should consider increasing certain aspects of contact with customers.
Most people (me included) will tell you to get on social media because it’s great for marketing your law firm. Well, it is, but there are also ancillary benefits to that.
With the choose-your-own apocalypse nature of today’s new cycle, it’s hard for young attorneys to prioritize financial health. To that end, James Munder of Northwestern Mutual gave a great presentation last month on creating a financial plan to get through a market recession.
The Chicago-based law firm of Kovitz Shifrin Nesbit now has an Indiana address with the completion of its acquisition of the Tanner Law Group, an Indianapolis firm that represented the largest number of community associations in the Hoosier state.
On the heels of luring some key lateral hires and opening three new locations in December, Barnes & Thornburg is again expanding with the opening of its first office in New York.
SmithAmundsen and the Indianapolis intellectual property firm of Brannon Sowers & Cracraft have agreed to a strategic alliance which will allow each firm to retain its identity while having access to the other’s attorneys and resources.
In this article we will look at how to develop your substantive credentials. It is not enough these days to be smart and have an honest face. You need to have publicly available credentials so that a prospective client can trust that you will know how to handle their problem.
Frost Brown Todd has expanded its midwestern footprint by opening an office in Ann Arbor, Michigan, its first in the state.
Billionaire investor Warren Buffett has said the main quality he looks for when considering an investment in a company is “an enduring competitive advantage.” There are a lot of elements that make up a competitive advantage. Very simply put, it’s your point of differentiation between your firm and your competitors.