Tuesday, February 23, 2016
Squire Patton Boggs merges with smaller San Fransisco firm
By Justin Kloczko
Daily Journal Staff Writer
Large international firm Squire Patton Boggs will gain more than 50 attorneys next month after announcing Monday a merger with Carrol, Burdick & McDonough LLP, a smaller, San Fransisco-based firm with a strong client presence in Germany.
The move gives Squire Patton Boggs, a firm with more than 1,500 lawyers spread out over 21 countries, more leverage in Germany, where both companies have offices, analysts say.
Carroll Burdick, with 55 lawyers on three continents, handles a lot of product liability work in Germany, with offices near Stuttgart. Firm leaders said the merger will give the combined firm a greater presence in Baden-Wurttemberg, a center for industrial manufacturing in the country. The merger will become effective in March.
“It was a merger from a position of strength. We are two firms that share a same vision,” said Carrol Burdick Chairman Dr. Matthew Kemner, who will also serve as a member of Squire Patton Boggs’ global board.
Kemner said his firm, founded in 1948, had been shopping around for a merger for the past year.
“The majority of our clients are from outside of the United States. Our vision for the future is services of law firms needs to provide a client more and more on the global scale,” said Kemner, who added that Carol Burdick’s 55 lawyers will aid Squire in international transactional work and arbitration.
Steve Mahon, a global managing partner at Squire Patton Boggs, said it’s rare to come across a firm like Carrol Burdick.
“You’re just not going to find a boutique firm based in Northern California with a solid presence in outhern California and as a developed a practice as in Germany.”
The merger for Carrol Burdick was never a question of if, but when, and with whom, according to Esquire Search legal recruiter Sandy Lechtick.
“It made a lot of sense to hook up with a firm that had more of a global reach with depth and breadth in different parts of the world, which Squire has,” he said.
Although the deal benefits both parties, Lechtick said, “No question it gives Carroll Burdick a much a stronger platform to leverage their client relationships.”
Squire Patton Boggs chairman Mark Ruehlmann said in a statement Monday, “In an increasingly regulated and inter-dependent global economy, our clients rely upon us now more than ever for compliance solutions across virtually all industries.”
Carrol Burdick’s clients include Volkswagen and Mercedes. Their lawyers speak over 16 languages, including German, Mandarin Chinese, French, and Italian, according to the firm.