International Law Firm Bingham McCutchen Opens at UK's Coldstream Research Campus
LEXINGTON, Ky. (April 18, 2013) — Governor Steve Beshear today joined local leaders and officials from Bingham McCutchen LLP for a ribbon-cutting and grand opening ceremony at the ‘Bingham Building’ in the University of Kentucky’s Coldstream Research Campus Business Park in Lexington.
“Bingham McCutchen is a company with a rich history and a promising future,” said Gov. Beshear. “Today’s ribbon-cutting represents the unlimited potential for Bingham’s success in Lexington, and we know this will be a perfect fit for the Commonwealth and the firm.”
Bingham handles various legal issues for Fortune 100 companies and financial service firms. The global company has 1,000 lawyers and 900 staff employees in 14 major offices across the world.
“The winner’s circle is more crowded here today than it will be in a couple of weeks at the Derby,” said Lexington Mayor Jim Gray. “But just as we are known as the Horse Capital of the World, we will now also be known as the place Bingham McCutchen chose over 300 other cities. We’ve crossed the finish line first in this race, and we’re ready to race again, and always to go the extra mile.”
University of Kentucky President Eli Capilouto joined the governor and mayor in welcoming Bingham to Lexington.
“The University of Kentucky was excited to be a part of the attractive package that brought Bingham McCutchen to the Bluegrass,” Capilouto said. “We look forward to further developing fruitful partnerships between the people at Bingham and UK’s faculty, staff and students across several colleges and departments.”
Bingham’s 45,000-square-foot global services center in Lexington will house approximately 250 administrative support staff positions, including finance and accounting, human resources, information technology, marketing, operations, and risk management. The building includes redundant power and communications systems, multiple collaboration zones in an open-plan concept, as well as a micro-market offering fresh food and beverages.
“As of today, Bingham’s Global Services Center is officially up and running in the Bluegrass,” said Bingham Chairman Jay Zimmerman, noting that the center will eventually house approximately 250 Bingham employees. “We look forward to being an active member of the Lexington business community.”
Bingham Chief Operating Officer L. Tracee Whitley added that the major drivers in securing the on-time opening of the Global Services Center were the strong collaboration between Bingham and Lexington and the dedication of Bingham’s employees.
“In addition, the significant amount of work and care invested by our employees during this transitional time has been exceptional,” said Whitley, noting that their dedication enabled the firm support operations to function seamlessly during the months while establishing the center.
“This grand opening for the ‘Bingham Building’ at UK’s Coldstream Research Campus is good news for central Kentucky,” said Sen. Julian M. Carroll, of Frankfort. “We are thrilled to have the center for the more than 250 administrative support staff positions in Lexington and to have these offices in the Coldstream Research Campus Business Park. Gov. Beshear shows his continued leadership in job creation to seek out and support this excellent industry expansion.”
“Today is a momentous day as we celebrate not only the grand opening of Bingham McCutchen’s Lexington office, but also in the effort to develop Coldstream Research Campus into an economic hub for Lexington and the Commonwealth,” said Rep. Ryan Quarles, of Georgetown. “It is through working in a bipartisan fashion that business growth has taken place in Coldstream, and it is that renewed commitment of working together which will lead to continued growth in the business park.”
“Last September, during the official project announcement at city hall, Bingham Chairman Jay Zimmerman mentioned a strong bond between its firm and the people in our community,” said Bob Quick, CCE, president & CEO, Commerce Lexington Inc. “We have enjoyed getting to know the Bingham McCutchen team during the economic development process, and we’re excited for the opening of the firm’s new facility in Coldstream. When an international firm like Bingham McCutchen chooses Lexington, it certainly tells us that we have something very special going on right here in the Bluegrass. We look forward to working with the Bingham staff for many years to come.”
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A detailed community profile for Lexington (Fayette County) can be viewed at http://www.thinkkentucky.com/EDIS/cmnty/index.aspx?cw=053.