Squire Patton Boggs Picks Up Smaller California-Based Law Firm
Summary: International firm Squire Patton Boggs acquired Carroll Burdick, a California-based law firm that works with the same types of clients but on a global scale.
California-based law firm Carroll, Burdick & McDonough is to be acquired by international law firm Squire Patton Boggs. The deal will become effective in just over a week in March, bringing the two firms together. Carroll Burdick has around 50 attorneys, while Squire has 1,500.
Squire reported an annual revenue in 2014 of $870.5 million. They are known for their lobbying practice, which it acquired in 2014 when Squire Sanders merged with Patton Boggs. Their lobbying practice is now one of the top three in the nation, bringing in $25 million in revenue in 2015. This number is lower than their 2014 numbers by 21 percent. The firm’s lobbying practice brought in $32 million in 2014.
Currently, the firm is representing Takata, an auto supplier caught in the crossfire of manufacturing faulty airbag inflators that are linked to a minimum of 10 deaths and the recall of millions of airbags.
Carroll Burdick has been representing companies in product liability and class action litigation cases. Their clients include Volkswagen and Mercedes-Benz. They have offices in Beijing, Boblingen, Hong Kong, Los Angeles, and San Francisco.
Squire Patton Boggs Chairman Mark Ruehlmann said, “With this combination, and the new relationships that come with it, we have even greater opportunities to better serve our clients with strong and developing global businesses.”
Carroll Burdick Chairman Matthew Kemner said, “As we looked to grow and expand the range of services we could offer clients…joining a firm with the scale, practice breadth and global reputation of Squire Patton Boggs was a logical step.” Kemner will become a member of the board at Squire Patton Boggs.