Ice Miller

What Ice Miller does

Ice Miller LLP is a privately held, Indianapolis-headquartered full-service law firm founded in 1910, operating through approximately 350 legal professionals across eight U.S. offices (Indianapolis, Chicago, Columbus, Cleveland, Baltimore, New York, Washington D.C., and Miami). The firm is structured as a limited liability partnership owned by its partners, with no external parent, private equity backing, or public listing. It organizes its practice around four client segments — Investors, Businesses, Governments & Public Entities, and Individuals — and executes work across more than 20 service modules including M&A, private equity, venture capital, securities and capital markets, finance, litigation, intellectual property, real estate, employee benefits, bankruptcy and restructuring, health care, public finance, government affairs, labor and employment, and tech/privacy/cyber risk.

The firm generates revenue through traditional professional services billing, primarily hourly fees structured by attorney level (partner, Of Counsel, associate, paralegal), supplemented by alternative fee arrangements (fixed fees, capped fees, success fees) for transactions and litigation. Its go-to-market is partner-led, relationship-based business development targeting private equity and venture capital funds, Fortune 500 and emerging growth companies, municipal and governmental entities, financial institutions, family offices, and higher education institutions. Distribution is direct through office-based delivery, with the firm acting as outside general counsel for portfolio companies of fund clients and as institutional investor counsel for alternative investments.

The firm's operational platform is supported by modern legal technology, including DocSolid's Airmail2 Cloud solution integrated with NetDocuments for digital mailroom and records management. Ice Miller has closed more than 1,500 transactions valued at over $60 billion in the past five years, employs 40+ attorneys in its Private Equity Group alone, and has been active in private equity for more than 40 years. It holds 53 practice area rankings in Chambers USA 2026 (including 17 Band 1 designations), Tier 2 ranking in Legal 500 US 2026 M&A Middle Market, and 134 attorneys recognized in The Best Lawyers in America 2026.

Name

Ice Miller

Legal name

Ice Miller LLP

Website

https://icemiller.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

251–500 employees

Short description

Ice Miller LLP is a 116-year-old, Indianapolis-based full-service law firm with 350+ lawyers across eight U.S. offices, serving private equity funds, corporates, governmental entities, and individuals across M&A, litigation, IP, real estate, and regulatory practices.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (54111), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)

akta.pro secondary industries

Distressed M&A & Special Situations Advisory (FSAEAGAG), Litigation & Dispute Valuation (damages, shareholder disputes) (FSAEAHAI)

Keywords

• Legal services
• Corporate law
• Private equity law
• Litigation services
• Public finance law

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Legal Services - Billable Hours: Traditional law firm billing model based on hourly rates for legal professionals across all practice areas including corporate M&A, litigation, real estate, employee benefits, and regulatory matters
2. Transaction-based Legal Fees: Fees associated with M&A transactions, private equity deals, venture capital financings, and other complex transactions closed by the firm's attorneys

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Ice Miller LLP is a full-service law firm delivering comprehensive legal counsel across 40+ practice areas to businesses, investors (including private equity and venture capital funds), government entities, and individuals. The firm's service modules span business/corporate law, finance, securities & capital markets, M&A, private equity, venture capital, real estate, employee benefits, litigation, intellectual property, bankruptcy & restructuring, tech/privacy/cyber risk, health care, government affairs, public finance, and labor & employment. Services are delivered by 350+ attorneys through 8 US offices, having closed 1,500+ transactions worth $60 billion+ over the past five years.

Product overview

Ice Miller LLP is a full-service law firm offering comprehensive legal services across multiple practice areas. The firm operates as a unified platform of legal service modules serving businesses, investors (including private equity and venture capital), government entities, and individuals. Key service areas include Business/Corporate, Finance, Securities & Capital Markets, Mergers & Acquisitions, Private Equity, Venture Capital, Alternative Investments, Real Estate, Employee Benefits, Litigation, Intellectual Property, Bankruptcy & Restructuring, Tech/Privacy/Cyber Risk, Health Care, Government Affairs, Public Finance, Labor & Employment, and Public Infrastructure/P3s. The firm has over 350 legal professionals and has closed over 1,500 transactions worth more than $60 billion in the past five years.

Differentiator

Problem solved

Functional benefit

Products and services

• Business & Corporate Legal Services Legal counsel for businesses including corporate transactions, M&A, private equity, venture capital, finance, securities, intellectual property, litigation, employment, and regulatory compliance.
• Investors Legal Services Legal counsel for investors including business, finance, securities, capital markets, M&A, private equity, venture capital, alternative investments, and real estate services.
• Governments & Public Entities Legal Services Legal counsel for government entities including government affairs, regulatory law, public finance, health care, labor, real estate, public infrastructure, and telecommunications.
• Individuals Legal Services Legal counsel for individuals including trusts, estates, private wealth, advanced planning, family office, bankruptcy, tax, litigation, white collar defense, immigration, and tech/privacy services.
• Mergers & Acquisitions Legal Services Legal counsel for buying, selling, and combining businesses including private equity fund transactions, management buyouts, and strategic acquisitions.
• Private Equity Legal Services Legal representation for private equity funds, portfolio companies, independent sponsors, and family offices in transactions, fund formations, and operations.
• Venture Capital Legal Services Legal counsel for venture capital firms across all investment phases from angel to late stage in technology, healthcare, and traditional industries.
• Securities & Capital Markets Legal Services Legal counsel for public company compliance, securities offerings, IPOs, registered investments, and takeover situations.
• Real Estate Legal Services Legal counsel for real estate transactions, development, financing, leasing, tax credits, zoning, and distressed assets.
• Employee Benefits Legal Services Legal and consulting services for retirement plans, health plans, compensation packages, and fringe benefits for public and private sector employers.
• Litigation Legal Services

Quantifiable outcome

• 1,500+ transactions worth $60 billion+ in past five years
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

Three partnerships are on record, tiered major and core.

• Bristol Myers SquibbmajorStrategic or Co-development Partner · 1 January 2025Pharmaceutical partnership advancing MEDiC Life Sciences oncology pipelines
• DocSolidcoreTechnology or Integration · 1 January 2025Implementation of Airmail2 Cloud solution integrated with NetDocuments for digital mailroom and records management modernization
• NovartismajorStrategic or Co-development Partner · 1 November 2024$150M upfront payment plus up to $2.3B in milestones for Schrödinger license and collaboration agreement on development candidates; expanded 3-year software agreement for computational predictive modeling technology

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Thompson Hine: Cleveland and Atlanta-based full-service law firm with similar size and business-focused practice areas including corporate, M&A, government affairs, and litigation. Direct peer in the Ohio and Midwest corporate services market.
• Taft Stettinius & Hollister: Cincinnati and Indianapolis-based full-service law firm of comparable scale with overlapping practice areas in corporate, M&A, real estate, and government affairs. Direct peer across Ohio and Indiana markets.
• Barnes & Thornburg: Indianapolis-headquartered full-service law firm of similar size with strong Midwest offices and comparable practice areas including corporate, M&A, litigation, IP, and government affairs. Direct head-to-head competitor in the Indianapolis and broader Midwest market.
• Frost Brown Todd: Multi-state law firm with strong Midwest presence and similar size, providing full-service legal counsel across corporate, litigation, and regulatory practices. Competes directly with Ice Miller in Cincinnati, Columbus, and broader Ohio/Indiana markets.
• Faegre Drinker: Faegre Drinker is a full-service law firm with a strong Midwest presence (including Indianapolis) and comparable scale. Ice Miller was named alongside Faegre Drinker as a partner firm in the Legal Prep Charter Academy Indianapolis expansion, confirming direct peer overlap in market and practice mix.
• Porter Wright Morris & Arthur: Ohio-based full-service law firm of similar size, with strong corporate, M&A, litigation, and regulatory practices. Competes with Ice Miller in Ohio and adjacent Midwest markets.
• Dinsmore & Shohl: Cincinnati-headquartered full-service law firm with offices across the Midwest, Mid-Atlantic, and beyond. Comparable in size and full-service offerings, competing directly with Ice Miller in the Midwest M&A and corporate services market.
• Krieg DeVault: Indianapolis-based law firm offering full-service legal counsel to businesses and individuals, with comparable size and overlapping practice areas in corporate, healthcare, and real estate law.

Broad incumbents

• McDermott Will & Emery: Larger, globally recognized full-service law firm with a strong Chicago presence and deep practices in healthcare, corporate, and private equity. A broader incumbent that overlaps with Ice Miller in healthcare law, M&A, and private equity work but operates at materially larger scale.

Regional players

• Quarles & Brady: Midwest and Southeast-based law firm of comparable size with strong healthcare, corporate, and real estate practices. Regional peer competing with Ice Miller in the Midwest while serving complementary geographies in Florida and the Southeast.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/icemillerllp
• Facebookfacebook.com/icemillerllp
• LinkedInlinkedin.com/company/ice-miller

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ice Miller