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This content is provided by Friday, Eldredge & Clark, LLP.

Managing Partner: Price C Gardner
Number of partners: 63
Number of lawyers: 90

Firm Overview:
Friday, Eldredge & Clark, LLP (FEC) serves business, non-profit, governmental and individual clients in Arkansas and throughout the United States. Since the 1950s, the firm has continuously been one of Arkansas’ largest law firms. Although FEC is respected for its rich history, it is committed to further growth and improvement of its expertise so that long-term clients as well as new clients can trust it with their future. The firm can attribute its continuous success and excellent results for clients to its strong internal leadership and the early development of practice groups. FEC provides clients single-source convenience by offering a range of services in a variety of practice areas. The firm is proud of its past success and current standing within the legal, professional, business and civic communities. It looks forward to even greater achievement and stands ready to meet future legal challenges. Friday, Eldredge & Clark knows how to structure commercial financing for both lenders and borrowers. Their attorneys quickly grasp the basics of a transaction, develop the most cost-effective structure, and proactively identify problems. When public or private companies of all sizes look for new financing sources, the firm can help them obtain the capital market access they need. The lawyers have handled numerous debt and equity financing and are typically involved in every phase of capital raising transactions.
Primary Contact: Robert T. Smith

Main Areas of Practice:

FEC has some of the most experienced trial lawyers in the state who represent its clients on both a regional and national basis. The firm has represented individuals and businesses in a wide array of disputes. Major practice areas include: personal injury defense, professional malpractice defense, commercial litigation, railroad litigation, worker’s compensation and class actions.
General Litigation
: James M Simpson
Medical Malpractice: Michelle Ator
Class Action & Business Litigation: Kevin A Crass
Commercial Litigation & Regulation: William A Waddell Jr
Railroad: Scott H Tucker and Joseph P McKay
Product Liability: William M Griffin III

Corporate/Commercial: Tax:
The firm’s corporate and tax practice lawyers provide advice in a wide variety of areas, including entity law matters, individual and corporate income tax planning, and corporate finance. The clients in the business and tax area range from individuals and small closely held professional businesses to publicly traded corporations, including large retailers, manufacturers, financial institutions, investment managers, public utilities, hospitals and public and private universities.
Contacts: Walter M Ebel III, Price C Gardner

Labor & Employment:
FEC’s labor and employment lawyers have a working knowledge of the complex network of federal and state laws and regulations that control how employers must treat employees, former employees and applicants for employment. The team has experience in class action litigation, labor arbitration, litigation under federal and state statutes, downsizing, severance and compensation issues and many other labor areas.
Contact: Elizabeth R Murray

Corporate/Commercial: Mergers & Acquisitions:
In the mergers and acquisitions area, FEC handles transactions which deal with fundamental changes in business ownership that often involve debt or equity financing and structural changes to an existing busi ness entity or the formation of a new entity. The firm’s attorneys who practice in this area have backgrounds in corporate finance and securities, accounting, income taxation and commercial lending and management, giving them the ability to understand not only the legal aspects of a deal, but also what is at stake from a business perspective.
Contact: Walter M Ebel III

Corporate/Commercial: Municipal & Public Finance:
FEC combines experience, tax expertise, resources, innovation and reputation to provide sophisticated financial structures tailored to each client and transaction. The firm’s wide range of services includes bond counsel for state and local bonds, underwriter’s, trustee’s and issuer’s counsel services, formation of improvement districts and university and college financings.
Contact: Ryan A Bowman

Wealth Management: Trust & Estates:
FEC provides wealth management, trust and estate planning and estate tax dispute resolution services to a wide range of clients, including individuals, executives, professionals, business owners, farmers and ranchers and forest landowners. The wealth management area focuses on helping clients achieve comprehensive estate planning and wealth transfer goals, from the most traditional level of planning to the most advanced level of tax-savings strategies.
Contact: Thomas Baxter

Employee Benefits & Executive Compensation:
The firm’s lawyers practicing in the employee benefits area have a wealth of experience in designing and drafting plans for all types and sizes of employers, and in giving practical and understandable legal advice about operating and maintaining the plans to achieve their business objectives and to comply with applicable laws. This area of the firm’s practice represents clients in profit, non-profit and governmental sectors. Clients range from small closely held professional businesses to publicly traded corporations, including large retailers, manufacturers, financial institutions, investment managers, public utilities, hospitals and public and private universities.
Contact: Joseph B Hurst, Jr

Real Estate:
FEC works with developers, owners, property managers, tenants, financial institutions and investors in all types of transactions from routine purchase agreements to complicated development plans and multi-state sales, acquisition and financing. This area of practice includes acquisition, disposition, leasing and operation of real property, debt and equity financing, partnerships, joint ventures, new markets tax credits and other investment vehicles, and land use, brokerage and management agreements.
Contact: James M Saxton

FEC provides representation to the dynamic healthcare industry covering the full spectrum of healthcare delivery and payment systems.
Contact: Robert T. Smith

Bankruptcy, Debtor/Creditor & Restructuring:
FEC works on complex, sophisticated and distressed financial situations representing financial institutions, businesses, landlords, creditors, debtors and others in debtor/creditor matters, including asset recovery, bankruptcy, workouts and other restructuring transactions and litigation matters.
Contact: William A Waddell Jr

FEC serves a wide-ranging array of clients, including Acxiom Corporation; Arkansas Children’s Hospital; Arkansas Mutual; Baptist Health; BASF Corporation; CDI Contractors; CenterPoint Energy/Arkla; CNA Insurance Company; Deltic Timber Corporation; Dillard’s, Inc.; Entergy Services, Inc.; Liberty Mutual Insurance Company; Little Rock School District; Murphy USA; Oaklawn Jockey Club; Regions Bank; State Volunteer Mutual Insurance Company; Stephens Inc.; The Travelers Companies and Union Pacific Railroad Company.