Cultural cohesion: As law firms combine, they retain talent by making sure cultures fit
Law offices are paying very close attention to culture and personalities when courting a merger partner.
Law offices are paying very close attention to culture and personalities when courting a merger partner.
Frost Brown Todd is starting out 2023 on a high note with a recent merger with California-based AlvaradoSmith. Effective the first of the year, it brings two strong, regional law firms into one national firm with a coast-to-coast footprint.
Attorney Jeff Claflin has been elected managing partner of Plews Shadley Racher & Braun, marking the first time a member of the firm’s South Bend office will fill the top leadership position.
Andrew Detherage is applying history lessons and putting his own imprint on Barnes, having taken over as the firm’s managing partner on Nov. 9.
Effective New Year’s Eve, Taft Stettinius & Hollister and Jaffe Raitt Heuer & Weiss completed a combination first announced in September 2022. The move gives Taft — which has an office in Indianapolis — its first Michigan footprint.
After 15 years leading an Indianapolis law firm that grew to become the 53rd largest in the nation with nearly $1 billion in revenue, Tom Froehle will be stepping aside next year as co-chair of what is now Faegre Drinker Biddle & Reath LLP.
Frost Brown Todd and California-based AlvaradoSmith willl combine on Jan. 1, 2023, and will have more than 575 attorneys in 17 offices across nine states, including, Indiana and Washington, D.C.
The Indiana Supreme Court’s Disciplinary Commission on Friday published a nonbinding advisory opinion focused on Rules of Professional Conduct Rule 1.10, which outlines when a law firm is prohibited from representing a client based on imputed conflicts of interest.
Tom Froehle, who has led one of Indianapolis’ largest law firms through two mergers, will be stepping down next year as co-chair of Faegre Drinker Biddle & Reath.
Frost Brown Todd, which has more than 500 attorneys in 14 markets including Indiana, is expanding to the West Coast through a merger with California-based AlvaradoSmith, one of the nation’s largest minority-owned and operated law firms. The combination will become effective Jan. 1, 2023.
Andrew Detherage began his tenure Wednesday as the new managing partner of Barnes & Thornburg, succeeding Robert Grand, who has led the AmLaw 200 firm since 2014.
A law firm breakup involving the founding shareholders of longtime Indianapolis firm Ciyou & Dixon has officially ended after the former law partners agreed to settle their dispute.
SmithAmundsen, which has an office in Indianapolis, is expanding its capacity by entering into its first combination with an entire law firm, which will place the new entity among the largest 200 law firms in the U.S.
One thing that won’t change in 2023 is the focus on law firm revenue.
Chicago-based law firm SmithAmundsen LLC, which has a large presence in Indianapolis, is merging with Wisconsin-based Davis|Kuelthau. The combined firm will operate as Amundsen Davis LLC with 230 attorneys and 12 offices throughout the Midwest.
In addition to looking backward, the end of the year is also a great time for law firms to start looking forward. The last business quarter of the year is an excellent time to prepare your law firm for a successful next year.
The founding shareholders of the Indianapolis law firm Ciyou & Dixon are continuing a back-and-forth with each side, changing positions over the dissolution of their nearly 30-year-old legal partnership.
With the opening of two new offices on the East Coast, Barnes & Thornburg followed its plan put into place in 2009 to grow strategically by picking locations and lawyers that enhance the law firm’s reputation and expertise.
September began with two law firms that have offices in Indiana announcing they were expanding into new markets, providing another indication of the legal industry’s increasing appetite and pressure to get bigger.
Taft Stettinius & Hollister’s entrance into the Detroit market is another step toward the firm’s goal, adopted more than a decade ago, of becoming a “dominant middle-market regional law firm.”