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US firm Holland & Knight's Bill McBride has resigned from his role as managing partner following his decision to explore the world of politics.
`McBride is considering whether to stand for the post of Florida Governor in next year's elections. He feels that his plans are incompatible with retaining the role of managing partner. He said: "Understandably, the demands of the position of managing partner do not provide me with the time that I need to thoughtfully review my options."`Until he has come to his decision, McBride has taken leave of absence from the firm. He will formally resign from the firm if he does choose to run for Governor.`It is believed that McBride would stand for the Democrats as in the past he has shared a stage with former US president Bill Clinton and Attorney General Janet Reno.`Fellow Chicago partner Robert Feagin, who has been committee chair for the past nine years, has been selected by the firm's directors committee as McBride's successor for the balance of his five-year term, due to expire in 2002.`The directors committee has named a partner in the Boston office, Thomas Swaim, as the new committee chair. Swaim is the former president of Sherburne Powers & Needham, a Boston firm that merged with Holland & Knight in 1998.