PHOENIX - Squire Patton Boggs, a law firm with a major public finance practice, is merging with the San Francisco-based international litigation firm of Carroll, Burdick & McDonough.

Cleveland, Ohio-based Squire, which Thomson Reuters ranked 10th by volume among bond counsel firms in 2015, announced the move in a joint statement Monday.

"Carroll Burdick will operate as an integrated part of Squire Patton Boggs, offering clients a robust level of service in a range of corporate, compliance and dispute-related disciplines, as well as deep roots representing the transportation industry," the firms said in a statement.

The combination is expected to become effective in March.

"From the outset of our discussions with Carroll Burdick, it was clear that our firms shared common values, a complementary mix of practices and clients who would mutually benefit from what the other firm brought to the table," said Squire Patton Boggs' Global Chairman Mark Ruehlmann.

"The needs of our clients have always been the central focus of our firm's strategic vision," he said. "In an increasingly regulated and inter-dependent global economy, our clients rely upon us now more than ever for compliance solutions across virtually all industries. With this combination, and the new relationships that come with it, we have even greater opportunities to better serve our clients with strong and developing global businesses."

Matthew Kemner, Chairman of Carroll Burdick, who has been asked to serve as a member of Squire Patton Boggs' Global Board, also said the move made sense for what his firm was trying to accomplish.

"For a global firm of this size, we were impressed with their high level of integration and ability to mobilize client teams across virtually any area of law and geography for the better service of our outstanding global clients," he said. "This is a very exciting day for our clients and us."

The new merger comes just shy of two years since Squire Patton Boggs was born from the merger of Squire Sanders with District of Columbia firm Patton Boggs.

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