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Ice Miller merging with smaller Ohio firm

August 19, 2011
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Ice Miller LLP, Indianapolis’ third-largest law firm, said it is merging with Schottenstein Zox and Dunn Co. of Columbus, Ohio.

Ice Miller is the larger firm, with 224 lawyers. SZD, Columbus’ fourth-largest law firm, has 90. Phil Bayt, Ice Miller’s chief managing partner, will serve as chief managing partner for the combined firm. Jim Davidson from SZD and Rob Gauss and Brenda Horn from Ice Miller will serve as deputy managing partners.

The combined firm, which will operate as Ice Miller, will rank among the 150 largest law firms in the United States. The merger is effective Jan. 1.

"We are very excited about the opportunity to build on the strengths of the combined firm with a talented team of 314 lawyers and 358 other professionals and staff," Bayt said.

Davidson, SZD's president, added: “The combination creates a bigger platform and even deeper levels of service, knowledge and experience.”

The deal is the latest in a wave of mergers sweeping through the legal community.

Baker & Daniels LLP, Indianapolis’ second-largest law firm, said this month that it is in merger discussions with a Minneapolis-based law firm Faegre & Benson LLP and hopes to complete a deal in October.

Baker & Daniels has 308 lawyers, while Faegre & Benson has 500.

Ice Miller almost merged with a smaller Louisville law firm in 2009, but broke off talks with Greenebaum Doll & McDonald PLLC after months of negotiations.

Nationwide, the number of law firm mergers and acquisitions increased in the first six months of the year compared with the same period in 2010. Through June, 28 deals had been completed, a 47-percent increase from the first half of last year, according to Altman Weil Inc. consultancy in suburban Philadelphia.

Founded in 1910, Ice Miller has offices in Indianapolis, Chicago, and DuPage County, Ill.  Ice Miller Strategies, a government affairs unit, also has an office in Washington, D.C.

SZD, founded in 1966, has offices in Columbus and Cleveland.

 

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

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  4. If you only knew....

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