Thomas B. Parent

Partner
Corporate + Nonprofit Group Co-Chair
Private Client Services Group Co-Chair
765.428.7018

Tom’s experience is wide and deep. A former litigator with extensive commercial transaction experience and a strong commitment to individual clients, Tom is a sought-after collaborator for businesses, higher education institutions, and families facing a range of complex decisions and problems.

The core of his practice is representing flagship clients in complex business and real estate matters, including Purdue University, the Purdue Research Foundation, Franciscan Alliance, Kirby Risk Corporation, and The Roman Catholic Diocese of Lafayette-Indiana.

As legal counsel for Purdue University and the Purdue Research Foundation, Tom has had a lead role in the negotiation of numerous enterprise-critical business transactions, including the ERP implementation agreements with SAP and BearingPoint for the OnePurdue project, and the novel Amazon student agreement. He has further advised Purdue in strategic transactions related to the university’s intellectual property portfolio, including the sale of substantial pharmaceutical assets. Tom also represents Purdue in business, trademark, and copyright matters more generally.

His representation of other key clients in landmark transactions has included the negotiation of the merger of St. Elizabeth and Home Hospitals, the sale of North Central Health Services’ interest in Greater Lafayette Health Services to Sisters of St. Francis Health Services, and acting as lead counsel in a number of significant business acquisitions and sales. As a member of the Google Steering Committee and lead negotiator for the organization now known as the Big Ten Alliance, Tom secured a cutting-edge agreement with Google that enables library materials from Purdue and other universities to be more widely accessible and discoverable in digital form.

“It’s my intention to provide every client with top-flight, prompt, ethical representation.”

Tom’s work is not confined to major transactions for large institutional clients: he also relishes the opportunity to use his experience to help guide smaller business entities, start-ups of all types, and individuals. As a direct outgrowth of his extensive business and community activities, Tom spends significant time working one-on-one with individuals to help them with estate planning and charitable gift issues as well as estate administration. This includes practical guidance for families just starting out as well as sophisticated planning work for those with more complex needs, including the transition of family-owned businesses and transfers of agricultural land and other significant property.

His experience working with both smaller businesses and individuals makes him a popular presenter at seminars on issues ranging from entity choice and structure, to intellectual property and estate planning. He is regular speaker at Lafayette Small Business Development Center and Lafayette Entrepreneurship Academy programs, among others.

Tom is one of Stuart & Branigin’s most active community leaders. He has served on the boards and committees of more than 15 nonprofit organizations focused on church, education, and community. He has also served as a board member to several for-profit entities, and assumed significant management roles at Stuart & Branigin. In his free time, Tom enjoys spending time with his family and is an avid skier, biker, runner, handyman, and traveler.

  • Indiana University School of Law, J.D., magna cum laude
    • Administrative editor, Indiana Law Journal
    • Order of the Coif
    • Recipient of two American Jurisprudence Awards
  • Purdue University, B.S., with highest distinction
    • Member, Beta Gamma Sigma honor society
    • Recipient, Forrest E. Jump Scholarship
    • Recipient, President’s Top 500 Award

The Trustees of Purdue University

  • Assistant Legal Counsel (2001-2012, 2013-2015)
  • Legal Counsel (2012-2012)

Committee on Institutional Cooperation (Big Ten Academic Alliance)

  • Member, Chief Legal Counsel Group (2012-13)
  • Member, Google Settlement Negotiation Team (2008-2011)

General Counsel, The Roman Catholic Diocese of Lafayette-in-Indiana, Inc.

Director, Old National Bank Regional Advisory Board (NSDQ: ONB), (2015-present)

Director, LSB Financial Corp (NSDQ: LSBI), Lafayette Savings Bank, FSB, LSB Service Corporation, and Lafayette Insurance and Investments, Inc. (2011-2014)

Director, AC Engineering, Inc. (2001)

  • National Association of College and University Attorneys
  • American Health Lawyers Association
  • National Diocesan Attorneys Association
  • American Bar Association
  • Indiana State Bar Association
  • Tippecanoe County Bar Association
  • Greater Lafayette Estate Planning Council
  • Indiana

Rated as AV “Preeminent” and endorsed for “High Ethical Standing” in Martindale-Hubbell, a leading peer review survey

Tom has a long track record of involvement with area nonprofit organizations.  Current roles include:

  • Franciscan Alliance Foundation, Inc. – Western Indiana Regional Board
    • Chairman
    • Director
    • Former chair, Feasibility Study Advisory Committee
  • Roman Catholic Diocese of Lafayette-in-Indiana, Inc.
    • Diocesan finance council member
    • Planned giving advisory council member
    • Lafayette Diocesan Foundation director
  • Advisory board member, Purdue Friends of Convocations
  • Member, Lafayette Community Council

His prior community leadership roles include:

  • Community Foundation of Greater Lafayette, Inc.
    • Chairman (2009-2010)
    • Director (2005-2010)
  • Lafayette Area Catholic Schools
    • Investment committee member (2000-2010)
    • Development committee member (1997-2007)
    • One-In-The-Spirit advisory board member (1995-2007) and chairman (1996-1998)
  • Director, United Way of Greater Lafayette (2009-2010)
  • Coach to various youth baseball, basketball and soccer teams (1994-2009)
  • Lafayette Neighborhood Housing Services, Inc.
    • Director (1989-2006)
    • President (1994-1997)
  • Director and president, Kids Konnected of Greater Lafayette, Inc. (2003-2006)
  • Steering committee member, Employers’ Health Law Forum of Lafayette (2005-2006)
  • Lafayette Chamber of Commerce
    • Small business committee (1995-2005)
    • Agricultural business committee (1995-1996)
  • Member, Greater Lafayette Venture Club Steering Committee (1999-2005)
  • Lafayette Small Business Development Center Advisory Board
    • Director (1994-2003)
    • Chairman (1995-2000)
  • Member, Purdue Research Foundation’s TRASK Pre-Seed Fund Advisory Committee (2001-2003)
  • Director, St. Thomas Aquinas Educational Foundation (1992-1999)