Patton Boggs played a cat-and-mouse game of downsizing throughout 2014 and emerged as the Washington-focused portion of the megafirm Squire Patton Boggs. Patton Boggs responded early in 2014 to sliding revenue with layoffs that fueled its decline and prompted more than 45 partners, including almost half of the executive committee, to leave. A malpractice suit by Chevron Corp. further soured the situation. The firm held Squire Sanders’ interest, however, and the partnerships approved a combination effective on June 1. The merged firms house about 1,500 lawyers in 21 countries. And the lobbying practice, the former Patton Boggs’ forte, has signed up more than a dozen new clients since then.
Still, Squire Patton Boggs has yet to merge the two firms’ legacy revenue accounting systems, websites and D.C. offices, and some Patton partners say they expect to see reduced pay because of their former firm’s problems throughout early 2014. The firm faces two lawsuits, one regarding a conflict the merger created for a major litigation client, the other regarding bookkeeping on a bankruptcy court filing.
AKIN RECLAIMS TOP LOBBYING POST
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