Posted: Sep 20, 2012 2:41 PM
Governor Steve Beshear on Thursday joined local and company officials at a special ceremony to officially welcome Bingham McCutchen LLP to Lexington. The international law firm announced its selection of Lexington for its global services center last week following an extensive search that included sites in 300 cities.
"We welcome Bingham to Kentucky and we're excited about its future here in the Bluegrass," said Gov. Beshear. "Not only is this a growing, global company at the forefront of the legal industry, it is also an active community member and will play a significant role in so many important areas. A lot of work went into the company's decision to locate its global services center here, but that work will pay off for Bingham, Lexington and the Commonwealth for many years to come."
Bingham currently employs approximately 1,000 lawyers and 900 staff employees in 14 major offices around the world. The company handles a wide range of legal issues for financial service firms and Fortune 100 companies. Bingham's new global services center in Lexington will combine in one location numerous administrative support staff positions, including finance and accounting, human resources, information technology, marketing, operations and risk management.
"The reception we've received from the people of Lexington has been truly remarkable," said Bingham Chairman Jay Zimmerman. "We knew that we selected the best location for our firm's services center, yet we continue to be surprised and humbled by everyone's enthusiasm."
"We were attracted to Lexington for many reasons, including its robust business and academic community, dynamic talent pool and vibrant quality of life," said Bingham Chief Operating Officer L. Tracee Whitley. "Bingham and Lexington share key values, including a strong community focus and a collaborative spirit. We are excited to be here and look forward to working together."
Bingham plans to open the global services center in spring 2013 at the University of Kentucky's Coldstream Research Campus, creating 250 jobs and investing more than $22.5 million in the Commonwealth.
"Our city sells itself to people looking for a great place to live, work and raise a family," said Lexington Mayor Jim Gray. "Our challenge is to build on that success, and we're doing that through the reinvention of Rupp Arena, with 21c Museum Hotel coming to town, with the resurrection of Town Branch - by building a Great American City."
"Lexington and the region rose to the top when representatives of Bingham McCutchen LLP and its consulting company visited here," said Bob Quick, CCE, president & CEO, Commerce Lexington Inc."They were impressed by our vibrant downtown and the international presence both of businesses and people. Bingham McCutchen will certainly add to that international presence with a global services center supporting 14 offices across the world. We were also able to showcase our educated workforce and connect them to valuable resources at the University of Kentucky. We look forward to working with the staff of Bingham McCutchen as they develop their presence in the Bluegrass."
For more information on Bingham, contact Claire Papanastasiou, senior public relations manager, at email@example.com or 617-416-3377 or visit www.bingham.com.