Health companies saying they need to consolidate to preserve their heft when negotiating with service providers isn’t enough to justify mergers, a top U.S. antitrust enforcer said Friday in comments that could hint at the Justice Department’s thinking on two major health insurance deals.
Shareholder activism continued to intensify during the spring 2015 proxy season. More companies were the targets of activist campaigns and were forced to engage with shareholders, according to a survey by Shearman & Sterling LLP.
Law firm mergers show no signs of abating. That’s the takeaway from a report from legal consultant Altman Weil Inc., which tracks the number of combinations — both large and small – among firms.
The Indiana Supreme Court has agreed to hear a case involving Zionsville’s ability to merge with Perry Township.
The handful of Hoosier law firms that combined during the last two years highlight a pair of emerging trends of interest to those who watch law firm merger and acquisition activity.
In another active year of law firm mergers and acquisitions, Indiana attorneys’ offices are, so far, remaining on the sidelines.
Eighty-two law firm combinations were announced last year in the United States, a 7 percent decline from 2013’s 88 mergers, according to Altman Weil Inc.
Longtime lawyers say the firm’s legacy positions it for more growth.
A 20-lawyer firm in Evansville announced its merger with one of the nation’s 250 largest law firms effective July 1.
The quest for expansion at Bingham Greenebaum Doll and other large firms in Indianapolis may signal more mergers.
Law firm combinations were up 47 percent in 2013, which is the highest number of combinations recorded in the seven years that Altman Weil MergerLine has been compiling data, the organization announced Wednesday.
The recent Taft merger shows that expansion leads to a shrinking of traditional “home office” roles.
This summer, Altman Weil Inc. predicted 2013 could be a record year for law firm mergers and acquisitions. Turns out, the legal consulting company was correct: 78 law firm mergers have occurred this year, taking down the previous record of 70 mergers and acquisitions in one year.
The Midwest legal firm Taft Stettinius & Hollister LLP will enter its largest market, announcing Tuesday its merger with a 70-lawyer Chicago firm.
The Fort Wayne law firms of Carson Boxberger LLP and Federoff Kuchmay LLP have merged, growing Carson Boxberger from a staff of 24 to 27 attorneys. The merger was effective Sept. 1.
Two law firms in New Albany are joining together to form a 14-attorney office with expanded practice areas.
In the manufacturing hub of Elkhart, attorney Mike Pianowski has noticed the mergers and acquisitions market rebounding.
A nine-decade-old Indianapolis law firm’s abrupt closure remains unexplained as Stewart & Irwin P.C.’s leadership declined to discuss what led to the decision.
U.S. law firm mergers in the first quarter of this year hit a four-year high, Altman Weil Inc. announced Thursday. Twenty-one firms announced mergers and acquisitions, with most deals involving acquisitions of small law firms.
Alan Levin has been managing partner of Barnes & Thornburg LLP for 16 years, far longer than the heads of most major Indianapolis law firms. But what most sets him apart is that he’s built his firm into a national practice by taking the maverick approach of going it alone instead of merging with an out-of-state rival.