Summary: Douglas Boggs plans to join his brother’s firm, Manatt Phelps & Phillips, possibly as early as next week.
Douglas Boggs, a private equity partner with Squire Patton Boggs , plans to join Manatt Phelps & Phillips as early as next week, Bloomberg reports. Boggs practices primarily in mergers and acquisitions and project finance.
Boggs is the son of the late lobbyist Thomas Boggs, Jr. Joseph Passaic and Alan Noskow, two corporate specialists, will also join Boggs in Manatt’s Washington, D.C. office.
In August, 23 lawyers from the firm’s Middle East practice left Squire Patton Boggs.
T. Hale Boggs, Douglas’ brother, is a partner with Manatt and frequently travels between Los Angeles and Northern California, advising clients on capital markets, venture capital matters, and corporate finance issues. He founded the Palo Alto office in 1998, and serves on the compensation and executive committees for the firm. He also heads the firm’s Digital Media Practice.
Of course, nothing is certain in hiring in the legal field these days, even lateral hiring. For example, DLA Piper project finance partner Joseph Tato was set to join Hogan Lovells, which issued a press release announcing his hire. However, Tato later backed out and declined the position.
Patton Boggs voted on merging with Squire Sanders last spring.
Squire Patton Boggs has recently come under fire for keeping departing partners for a 60-day holding period to make sure that client matters are not disrupted, and to mitigate the firm’s loss of a partner. However, a former Squire Patton attorney said, “I’m 100 percent confident” when asked if Boggs’ move would really happen.
Boggs’ father, Tom, was a renowned lobbyist who represented presidential campaigns, corporations, and governments in their interests in Capitol Hill. In 1979, his work contributed to the $1.5 billion bailout of Chrysler. He was previously the chairman of Patton Boggs, and remained with the firm after it joined Squire Sanders last year. He passed away at his home in September from an apparent heart attack. According to the Washington Post, Boggs was on board to help stabilize the newly formed firm, but his sudden death complicated the process.
Manatt was founded by Charles Taylor Manatt, a family friend of the Boggses, who previously chaired the Democratic National Committee and served as the U.S. Ambassador to the Dominican Republic.
Source: Bloomberg
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