Experts say the move reflects a national trend of increasing client demand for deep legal specialists who often can only be acquired through mergers.
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While overall M&A activity saw a decline in 2023, recent data suggest law firm mergers actually saw an increase last year.
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Law offices are paying very close attention to culture and personalities when courting a merger partner.
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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.
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Dentons, the world’s largest global law firm with a presence in Indiana, is expanding its services across the Atlantic, combining with law firms in Cameroon, the Democratic Republic of Congo, Ethiopia, and Senegal.
The merger, effective Jan. 1, 2025, combines the Chicago firm’s 25 legal professionals with Krieg DeVault’s existing team, bringing the latter’s Chicago presence to nearly 40 professionals.
Taft Stettinius & Hollister LLP is heading out west through the law firm’s newest merger with Sherman & Howard LLC in Denver. The firm announced Monday that it will merge with that city’s oldest and third-largest law firm effective Jan. 1, 2025.
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
In 2023, attorneys saw venture capital exits at their lowest levels since the pandemic and 2008 market crash.
It seems these days that the only opportunity for mid-sized firms to expand geographic reach or to grow bench strength and revenue is to acquire or combine with like-minded competitors.
When my law firm, Quarles & Brady, combined with a labor and employment boutique firm in San Diego last January — more than 2,000 miles from Indianapolis — it may not have initially seemed especially newsworthy to people locally.
Our vision of being truly local and uniquely global has provided outstanding results for our firm, our partners and most importantly for our clients.
For some Indiana law firms involved with mergers and acquisitions, 2023 was a slower year.But attorneys like David Barrett, an executive partner in Faegre Drinker Biddle & Reath LLP’s Indianapolis office, say they expect things to pick up in 2024.
Amundsen Davis LLC, which has an Indianapolis office, has announced it will expand its operations and formally combine with the Columbus, Ohio-based law firm of Crabbe Brown & James LLP.
Two of the area’s oldest law firms have joined forces, as Hamilton County-based Church Church Hittle + Antrim celebrated its new merger with Burrus & Sease June 8.
Faegre Drinker Biddle & Reath LLP hosted its 10th M&A Conference last week, continuing the evolution of an event that firm partner Jim Birge once feared was stale to something that he hopes is more interesting and relevant.
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.
Dinsmore & Shohl LLP, which has three Indiana offices, started the new year with a merger with Mulvaney Barry Beatty Linn & Mayers LLP in San Diego, along with a new chair.
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.
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.
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.
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.
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.
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.