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.”
The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels—and in the process caused a deep recession and sharply higher unemployment. On Thursday, Chair Jerome Powell suggested that this time, the Fed won’t have to go nearly as far.
Dentons has officially established an office in Portland, Maine, expanding the global law firm’s reach in the United States.
Indianapolis-based Barnes & Thornburg LLP is growing its complex litigation and life sciences practices with the openings of new offices in Philadelphia and Morristown, New Jersey, marking the firm’s latest expansion on the East Coast.
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.
For years, Katz Korin Cunningham turned down invitations from larger firms to discuss merging, saying it was happiest being independent. But in Stoll Keenon Ogden, it found a like-minded partner that had also spurned combination offers and took pride in being self-made.
Katz Korin Cunningham, a fixture in the Indianapolis legal market since 1994, has merged with Stoll Keenon Ogden PLLC, a regional law firm based in Kentucky, effective July 1. The combined offices will operate under the Stoll Keenon name and have 45 attorneys in the Circle City.
One of the founding attorneys at Ciyou & Dixon, a small Indianapolis law office started in 1995, has filed a petition to dissolve the firm. However, the attorney’s counsel said the management is close to reaching an amicable resolution which will enable the firm to continue.
Co-managing partners of the Indiana office Katherine Althoff and Amy Fisher, and partner Kimberly Castellino Metzger, have strong connections to the Hoosier legal community, having built their careers at Ice Miller in Indianapolis. So, the launch of McCarter’s Indianapolis office, the most western location for the East Coast firm, is based on strong Indiana roots.
If you’re looking to build a modern law firm, you need to stop flying by the seat of your pants and invest in systems for the long haul.
Our challenge to you is to think about how you will show up for yourself and your co-workers as a colleague in the legal community. You are no longer a student, and that can be a challenging landscape to navigate as a new attorney. So, what do the best professionals know and how do they make their marks at the beginning of their careers?
I asked six highly-respected Indianapolis attorneys, who have experience ranging from nine to 41 years, to share a tip they wish they had known as a first-year lawyer.
In 2021, the hiring of lateral associates skyrocketed 148.5%, the largest year-over-year increase recorded, according to NALP. Likewise, Thomson Reuters warned that by November 2021, law firms were “edging dangerously close” to seeing almost a quarter of their associates leave. However, while firms have raised associate compensation to lure talent, many new lawyers are not as interested in big salaries as previous generations of new attorneys.