November 22, 2024

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Veteran bond attorney Brian Quint shutters firm, joins Stradling

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Veteran bond attorney Brian Quint shutters firm, joins Stradling

When his partner decided to retire, bond attorney Brian Quint shuttered his San Francisco law firm and joined Stradling Yocca, Carlson & Rauth.

Quint & Thimmig closed March 31 — exactly 27 years to the day that it opened on March 31, 1997.

Brian Quint started work as of counsel at Stradling on Monday.

Brian Quint, a 40-year bond attorney, decided to shutter his firm and join Stradling, Yocca, Carlson & Rauth, a

Stradling, Yocca, Carlson & Rauth

Though it was a difficult decision to close the firm, Quint said he didn’t think it would be possible to operate as a firm with one partner, once Paul Thimmig retired, nor would it be an efficient way to serve clients.

Quint, 69, said he isn’t ready to retire because he still enjoys what he does and has a robust practice. Thimmig, however, wanted to retire after 40 years in the business and, according to the notice replacing the now-defunct law firm’s website, will be spending more time on his paddleboard in the San Francisco Bay.

Quint, a 40-year veteran of the profession and a member of the National Association of Bond Lawyers and the American College of Bond Counsel, is a well-known California bond lawyer.

Together Quint & Thimmig completed over 2,900 deals as bond counsel, disclosure counsel, both bond and disclosure counsel or underwriter’s counsel, totaling over $48 billion of principal, Quint said.

Adam Thimmig, Paul’s son, and the firm’s associate, left to work as an associate at Lozano Smith in Sacramento a few weeks ago.

The younger Thimmig wanted to broaden his scope beyond bond work and went to work for a firm that represents mostly school districts, Quint said.

“He’s there and seems to be quite happy,” Quint said.

The focus of Quint’s practice has been helping cities, counties and school districts to finance capital improvements, he said. He also handles financings for hospitals and 501(c)(3) borrowers.

Quint worked across the table from many bond attorneys over the years but chose Stradling because he finds the public finance attorneys at the firm have similar work styles and serve clients in a comparable fashion, he said.

“Stradling’s strong bond counsel, disclosure counsel, and underwriter’s counsel practice as well as Stradling’s recognized securities and tax law expertise fits well with my, and my clients’ needs,” Quint said.

Stradling is larger than his firm, which employed six or seven people, but Quint said he likes that his new firm is a regional, not national firm.

Founded in Newport Beach in 1975, Stradling has offices in California, Colorado, Nevada, Texas and Washington, according to its website.

Stradling ranked seventh nationally among bond counsel firms in 2023, with $9.7 billion across 149 deals.

“Our firm has been adding people, and we are thrilled to have Brian,” said Carol Lew, a partner in Stradling’s Newport Beach office. “We are fortunate to be part of a practice that is thriving and growing, and we look forward to a busy 2024.”

Brian Forbath, a member of Stradling’s management committee, called Quint “a welcome addition to our firm,” noting his practice complements and deepens the firm’s California practice.

Forbath also congratulated Thimmig on his retirement, saying he has been a “pillar” in the municipal finance community for more than 40 years.