Patton Boggs has joined the efforts of several other firms by creating a special group to advise clients on the financial crisis and the proposed $700 billion rescue plan that the Senate passed on Wednesday night.
The task force includes senior members of the firm’s public policy, litigation, and business departments and has brought together 30 attorneys from across the firm’s nine offices, with about 20 coming from the D.C. office.
“This kind of thing is not new to us. What we talk about internally is how to serve clients at the intersection of business and government. I can’t think of a bigger intersection of the two that has occurred in my lifetime than this bailout,” says Charles Miller, deputy managing partner who will head up the task force from the firm’s Dallas office.
Miller says the task force held a Webinar Monday that was actually taking place when the House failed to approve the bailout.
“That changed the direction of the discussion quite a bit, as you can imagine,” Miller says.
Miller says the firm will hold a public presentation addressing the financial crisis next Wednesday in New York.
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