Michael Ray Smith

Michael Ray Smith

Smith Rayl Law Office, LLC
  • Business Law, Estate Planning
  • Indiana
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Michael Smith was born and raised in Tennessee but has been a Hoosier for more than 35 years. After receiving a B.E. in chemical engineering (summa cum laude) from Vanderbilt University in 1978, he accepted a job with Eli Lilly and Company in Lafayette, Indiana. He took an educational leave of absence from from 1980 until 1982 while he completed a Master of Science degree in chemical engineering, doing research on the potential application of ion exchange technology in the development of an artificial kidney. He returned to Lilly, working first as an engineer in Chemical Process Research and Development and then as a department head of Biochemical Engineering in Bioprocess Research and Development. In 1989 he enrolled in law school while continuing to work full time, obtaining a J.D. (summa cum laude) from the Indiana University Robert H. McKinney School of Law in 1993. He then moved to the Lilly Law Division, working first in the Environmental Law Group, and then in Securities and Commercial Transactions. While he was in the Law Division, he organized and led the Lilly Law Divison Pro Bono program. In 2008, he elected to retire from Lilly early to open a business law practice in Fishers, Indiana, originally known as Michael Smith Law Office, LLC and now as Smith Rayl Law Office, LLC.

Indiana University Robert H. McKinney School of Law
J.D. / Law (1993)
Honors: summa cum laude
Activities: Note Development Editor, Indiana Law Review
Purdue University - Purdue University
M.S. / Chemical Engineering (1982)
Activities: Research in the possible application of ion exchange technology in artificial kidneys.
Vanderbilt University
B.E. / Chemical Engineering (1978)
Honors: summa cum laude
Professional Experience
Smith Rayl Law Office, LLC
- Current
Originally Michael Smith Law Office, LLC
Adjunct Professor
Indiana University School of Law -- Indianapolis
Taught Contract Drafting to law students
Contract Attorney
Community Development Law Center
Adjunct Professor
Indiana University School of Law -- Indianapolis
Conducted the Nonprofit Externship Program for law students at the Community Development Law Center.
Eli Lilly and Company
For more than fourteen years, Michael Ray Smith was in-house counsel for Eli Lilly and Company. While in Lilly's law division, Mike worked in the environmental legal department, in the office of the corporate secretary, and, for the last ten years, in the commercial transactions group. While in commercial transactions, Mike supported the Company's global sourcing operations, writing and negotiating contracts for all manner of goods and services, including a $1.3 billion energy management outsourcing transaction.
Articles & Publications
Yes, Your LLC Needs an Operating Agreement
Fishers Business Insider
Limiting the Discretion of the Administrator of Poor Relief in Indiana
Indiana Law Review
Heartland Pro Bono Award
Heartland Pro Bono Council
Professional Associations
American Bar Association
Indiana State Bar Association
Indianapolis Bar Association
Jurisdictions Admitted to Practice
  • Credit Cards Accepted
    Visa, MasterCard, Discover
  • Rates, Retainers and Additional Information
    Standard rate is $245 per hour. The fee for a one-hour initial consultation is $125.
Practice Areas
  • Business Law
  • Estate Planning
Additional Practice Areas
  • Limited Liability Companies
  • Nonprofit Organizations
  • English: Spoken, Written
Social Media
Websites & Blogs
Michael Ray Smith's Website Profile
Smith Rayl Law Office Website
Indiana Business Law Blog::Smith Rayl Law Office, LLC
Michael Ray Smith's Criminal Website Profile
Smith Rayl Law Office Criminal Website
Indiana Business Law Blog
Contact & Map
11650 Lantern Rd
Fishers, IN 46038
Toll-Free: (800) 457-9841
Telephone: (317) 576-8542
Fax: (888) 519-0727