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Bingham McHale merging with Louisville law firm

Scott Olson
December 21, 2011
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Bingham McHale announced Wednesday that it is merging with a Louisville-based firm that first tried to enter the Indianapolis market three years ago.

The merger of Bingham McHale and Greenebaum Doll & McDonald will form Bingham Greenebaum Doll LLP as of Jan. 2, the two firms said. The combined entity will maintain offices in Indiana, Kentucky and Ohio.

“Bingham McHale LLP is not only increasing the depth and breadth of our experience in key areas such as tax and finance, but we are also entering into a true merger that honors both firms’ histories and current successes,” said W. Tobin McClamroch, Bingham McHale’s managing partner, in a written statement.

Combined, the two firms have nearly 250 lawyers. Bingham McHale employs 130 attorneys and is Indianapolis’ fourth-largest firm, according to IBJ statistics.

Greenebaum Doll has offices in Kentucky and Ohio and began exploring a merger with another large Indianapolis firm, Ice Miller LLP, in December 2008. Those talks broke down about a year later.

“We will be expanding our geographic footprint and strengthening our knowledge base in areas such as governmental work and municipal bonding,” Greenebaum Chairman Phillip D. Scott said in a written statement.

Bingham McHale’s clients include Gatorade Trust, the group that invented the Gatorade sports drink; locally based mall giant Simon Property Group Inc.; and French-based Saint-Gobain, a large building-materials company that has operations in Indianapolis.

Greenebaum Doll’s clients include Louisville insurer Humana Inc. and franchisees of the KFC restaurant chain.

Bingham McHale’s roots date to 1919, and the firm formerly was known as Bingham Summers Welsh & Spilman. It merged with local competitor McHale Cook & Welch PC in 2001 to form Bingham McHale.

Bingham McHale’s merger with Greenebaum Doll caps a busy year for local law firm mergers.

Baker & Daniels in October hooked up with Minneapolis-based Faegre & Benson LLP. The combination officially takes effect Jan. 1, along with a new name, Faegre Baker Daniels.

Baker & Daniels is the city’s second-largest law firm. The merger with the 500-lawyer Faegre & Benson is the largest law-firm combination involving an Indianapolis practice.

Ice Miller, the city’s third-largest firm, announced in August that it is merging with Schottenstein Zox and Dunn Co. of Columbus, Ohio.

That merger also takes effect Jan. 1. The combined firm will operate as Ice Miller.
 

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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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