When you know, you know.
After “overwhelming support” for the Patton Boggs and Squire Sanders merger from partners last Friday, the lovebirds aren’t waiting a minute longer. Despite delays understood to have been caused by Patton Boggs’ high-profile legal battle with Chevron, the US duo will officially tie the knot on Sunday.
So what’s up next? Let’s start with the new firm’s compensation system. Squire Sanders reckons this issue was sorted long ago when Patton Boggs moved towards Squire Sanders’ contribution-based salary model. How romantic.
There is no decision yet as to who will steer the new ship, with practice and industry group leaders still to be appointed. But there is some good news on the horizon – a spokesman says there are no plans to embark on a redundancy scheme.
The combined force will have 1,700 lawyers in 45 offices across 22 countries. Size means a lot to Patton Boggs, which has made no secret of its desire to find a love mate. Having knocked back a match with Texas firm Locke Lord and Dentons in London, the firm will be hoping it has found its soulmate.
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