For those who keep track of law firm news Patton Boggs losing another batch of partners shouldn’t lead to raising eyebrows, but nevertheless, it remains news. While according to the National Law Journal, Patton Boggs’ Managing Partner Ed Newberry believes the recent departures are not material to the firm, the partners were material enough to find suitable positions at other top law firms.
According to Bloomberg News, of the nine partners who left Patton Boggs, six went to McGuireWoods LLP, and two to Pillsbury Winthrop Shaw Pittman. The group moving to McGuireWoods for opening a Dallas office was led by corporate partner Kevin Boardman, while the group moving to Pillsbury includes Benjamin Chew. Chew is the former leader of Patton Boggs’ litigation and antitrust group.
The remaining of the nine, Adam Connatser chose to join Dallas business litigation boutique Palter Stokley Sims Wright.
Patton Boggs said in its statement: “We are pleased with our progress over the last several months and are moving forward with the confidence that the overwhelming majority of our partners, including those we regard as being key to our success, are rowing in the same direction and share a common strategic vision. As to those who have decided to pursue other opportunities, we wish them well.”
In a major difference to similar situations, the National Law Journal reported that a number of Patton Boggs partners who’ve left in the past year say the firm has no cash flow problems and has delivered on payments it owed them. However several former partners remain skeptical about the amount of capital investments they may receive when settling their accounts.
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