IBJNews

UPDATE: Sommer Barnard approves merger

Scott Olson
April 29, 2008
Keywords
Back to TopCommentsE-mailPrint

The 64 partners of Sommer Barnard PC unanimously voted today to approve the firm's merger with Cincinnati-based Taft Stettinius & Hollister LLP.

The vote means Taft Stettinius & Hollister will absorb Sommer Barnard on May 1, meaning Indianapolis will lose one of its largest law firms.

Sommer Barnard was founded in 1969 and has 103 lawyers, making it the seventh-largest in the city, according to IBJ statistics.

Taft Stettinius, whose roots date to 1885, has 200 lawyers in Cincinnati and additional Ohio offices in Cleveland, Columbus and Dayton. It has locations in Covington, Ky., and Phoenix, as well.

The merger of Sommer Barnard & Taft Stettinius continues an industry-wide trend in which regional and national firms are expanding to serve clients with multiple locations.

Talk of a merger involving Sommer Barnard had swirled for months, fueled by the share of ups and downs it has experienced in the past several years.

The firm acquired the Ancel & Dunlap LLP bankruptcy practice in 2001 and a year later doubled its office space by moving from Chase Tower to One Indiana Square. It merged with the practice of prominent Washington, D.C., trial lawyer and native Hoosier Nels Ackerson the same year to become Sommer Barnard Ackerson Attorneys PC.

But roughly 12 months later, the marriage began to crack. By the time Ackerson arrived, the corporate defense side of the business had become as large as the plaintiff work. Ackerson's arrival and the conflict of interest it created with the growing defense practice was greater than anticipated, partners said at the time. The relationship ultimately dissolved in July 2004.

The following year, four partners were among six lawyers who jumped ship from Sommer Barnard to Bingham McHale LLP. Among those who left was John Gregg, a former Democratic speaker of the Indiana House of Representatives.

And in 2007, Ginovus, the economic development consulting arm of Sommer Barnard, was forced to retrench after losing most of its professional staff to Bingham McHale, which had launched its own economic development consulting practice.

Recently, Sommer Barnard and Taft Stettinius had worked together on at least one occasion. Lawyers for both firms jointly filed a brief with the U.S. Supreme Court on behalf of the Virginia-based Center for Equal Opportunity and Project 21 supporting Indiana's voter ID law. Justices ruled in favor of the state yesterday.

Sommer Barnard chief operating officer Debra Marple left early this month.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

ADVERTISEMENT