Mergers & Associations
Squire Patton Boggs has merged with US firm Carroll Burdick & McDonough, in a deal that sees the former boost its lawyer headcount by over 50, The Lawyer reported. Litigation and risk management firm Carroll Burdick was founded in San Francisco and also has bases in Los Angeles, Beijing, Hong Kong and Böblingen. The deal therefore sees Squire Patton Boggs expand its already existing offices in four of the five locations, with the firm gaining Böblingen as an additional base in Germany. There are currently over 30 partners and 50 lawyers listed as working at Carroll Burdick globally, giving the firms a combined lawyer headcount of approximately 1,550. It is nearly two years since partners at Squire Sanders agreed to merge with US-based Patton Boggs. Since then, the firm has posted a 12.3 per cent hike in revenue its first year-end results as a merged firm and taken on a three-partner Tokyo firm Mamiya Law Offices. It also ended its strategic alliance with Jakarta-based Melli Darsa & Co, just two years into the relationship.
White & Case has entered into an alliance with Law Firm of AlSalloum and AlToaimi in Saudi Arabia, as its previous five-year association with Waleed Al-Nuwaiser comes to an end. The new association will be led by Riyadh-based partners Zeyad Al-Salloum and Yazeed Al-Toaimi, previously senior lawyers at White & Case. Energy specialist Al-Salloum advises on project finance transactions, across power, oil and gas, petrochemical and transportation industries while corporate partner Al-Toaimi advises on cross-border and domestic public and private projects and transactions with a focus on mergers and acquisitions, joint ventures, capital markets, competition, anti-trust, international trade and commercial disputes. “It is business as usual for our clients while this new arrangement is being put in place,” said Doug Peel, White & Case’s Middle East head, in a statement. The new association is expected to be operational late in the first quarter or early in the second quarter, the statement added.