Is Hall Render marooned at No. 2?

June 18, 2008
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If a high rank brings bragging rights and marketing juice, then the Indianapolis law firm of Hall Render Killian Heath & Lyman (permission granted to catch your breath) has plenty of ammo.

But it never quite gets the most ammo.

Hall Render was named second-largest health care law firm in the nation by the American Health Lawyers Association this week.

The professional group has placed Hall Render second or third for several years running â?? but never No. 1.

Thatâ??s because the Atlanta colossus King & Spalding is much bigger. This year it had 199 members to Hall Renderâ??s 124.

Still, Hall Render manages to keep its spot by out-growing other firms. In 2005, it managed a No. 2 rank with only 62 members.

A high placing is good for the ego, but are these rankings actually important? Is there a significant difference between No. 1 and 2 when it comes to landing business?
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  • Current clients certainly don't care, and potential clients most likely won't know nor will they even care if Hall Render is #1 or #2 on some highly subjective list. Such lists have little to no value, and sometimes are the result of how some administrative person filled out a particular form. And, big is not always better. If I was a prospective health care client, I would want to know if I will be able to get the close, personalized attention I need with a firm that seems to be infatuated with size. I am more concerned with service. If the results are good, the service is good and the fees are competitive, I could care less how many lawyers are with the firm.

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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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