Taft law firm gets long-desired Detroit address through merger with Jaffe
Taft Stettinius & Hollister is expanding into the Michigan market through the merger announced today with Jaffe Raitt Heuer & Weiss, the seventh-largest law firm in Detroit.
Mergers & Acquisitions
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Justice Department sues UnitedHealth over nearly $8B deal
Federal regulators are suing to block UnitedHealth Group’s purchase of technology company Change Healthcare, a deal they fear will put too much health care claims information in the hands of one company.
U.S. regulators aiming at illegal and anticompetitive mergers
U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations.
Golden combo: At 2-year anniversary, Dentons Bingham Greenebaum ‘very, very happy’ with Project Golden Spike
With Project Golden Spike, Dentons Bingham Greenebaum is outperforming the market in the growth of its lawyer headcount. The firm launched the Golden Spike initiative in January 2020.
Indiana law firm combination market sees activity despite pandemic
Law firms completed 41 mergers in 2021. The total was up slightly from 40 in 2020, but well below the historical average of 55 mergers per year over the previous decade. Despite the slow down, Indiana’s legal community still saw some combinations take place during the pandemic.
7th Circuit upholds dismissal of Vectren shareholders’ suit against merger
A panel of the 7th Circuit Court of Appeals has upheld a district court’s ruling that dismissed a shareholder lawsuit over the acquisition of one of Indiana’s major utility companies with an out-of-state public utility holding company in 2018.
Merger of firms brings together former colleagues
A merger of two plaintiffs’ firms in Indianapolis is reuniting two trial lawyers, Joseph Williams and James Piatt, with their mentor, Ron Waicukauski.
IL parent company IBJ Media acquires Inside INdiana Business television, website
IBJ Media, publisher of the Indianapolis Business Journal and The Indiana Lawyer, announced Tuesday that it has acquired Grow INdiana Media Ventures LLC and its Inside INdiana Business brand, which includes television, radio and digital products.
Dinsmore expands Indianapolis office by 15% through lateral hires
Months after its entry into the Indiana market, Dinsmore & Shohl has grown its Indianapolis office by 15% in recent weeks with the addition of six attorneys.
Justices overturn ruling to pay contractor after bank acquired business
The Indiana Supreme Court on Thursday struck down lower court rulings in favor of an unpaid contractor that performed work for a South Bend business, finding that because the business’s assets are now owned by a bank rather than the prior company, the new bank-owned business is not liable for the bill.
First quarter activity hints at rebound of law firm mergers
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.
Law firm mergers expected to rebound in 2021
The global pandemic halted the skyrocketing law firm mergers of recent years. However, the forces driving these combinations in the past have continued despite the coronavirus outbreak and will likely ignite more deals if people are able to return to some sort of a pre-pandemic lifestyle.
Wooden McLaughlin merges with national firm Dinsmore & Shohl
Wooden McLaughlin LLP has joined Dinsmore & Shohl LLP in what is being described as one of the largest mergers between two domestic-only law firms during the COVID-19 pandemic. The combination, which was official Jan. 1, was announced by Dinsmore on Monday and brings three Indiana law offices under its umbrella.
Dentons expanding reach into Iowa
Dentons is continuing its Project Golden Spike, an initiative to create a national U.S. law firm, by announcing Tuesday a combination with Davis Brown, one of the largest law firms in Iowa.
Indiana GOP chairman joining Taft as partner
Indiana Republican Party chairman Kyle Hupfer is joining national law firm Taft Stettinius & Hollister as a partner, the law firm announced Monday.
Book created by law firm duo teaches children the language of entrepreneurship
With a portfolio of clients who innovate and launch small businesses, Gutwein Law realized many of these entrepreneurs had cute little startups waiting for them at home. What happened next was elementary: a lawyer and marketing pro at the firm produced “The ABCs of Entrepreneurship: A Book for the Future Startup Founder.”
Simon cuts discount deal to buy Taubman, halt COVID-related merger suit
Indianapolis-based Simon Property Group has negotiated a $656 million cut in the price it will pay to purchase a Michigan-based shopping center company in light of the pandemic — a deal that comes just in time to stop a trial that was set to start Monday.
Law firm combinations tick upward in third quarter, still trail 2019 numbers
Merger activity among law firms increased in the third quarter, according to a report by Altman Weil, but with just 44 deals announced so far this year, 2020 is mirroring the Great Recession rather than the explosive growth experienced in recent years.
In Anthem-Cigna ‘soap opera,’ judge hands damages to neither
A Delaware judge rebuffed efforts by both Cigna Corp. and Anthem Inc. to collect billions over their failed merger, saying Cigna had breached its obligations but the merger was likely to have been blocked on antitrust grounds anyway.
Frost Brown Todd opens Houston office
The law firm of Frost Brown Todd, which has had a presence in Indianapolis for more than a decade, has added a 14th location to its roster, announcing this week the opening of its newest office in Houston. The Houston office is the firm’s second location in Texas, alongside Dallas.