The Patel Law Group, a prominent Texas-based boutique law firm, has announced its transformation into PSBP Law, also known as Patel, Soni, Barsness, & Prescott, following the promotion of two existing partners to equity status. This rebranding reflects the firm's commitment to growth and enhanced client service across multiple legal specialties.
Chris Prescott, who leads the firm's immigration department, and Chris Barsness, head of the corporate and securities department, have both been elevated to equity partners. They now join founding partners Rakesh Patel, Anish Patel, and Shameer Soni in ownership positions. The firm will transition to its new name over the coming months, maintaining continuity of service while signaling its expanded partnership structure.
Chris Prescott brings over 15 years of immigration experience to his practice, having originally qualified as a solicitor in the U.K. His expertise covers employment-based matters including H-1B, L-1, and E-2 visas, as well as family-based cases such as spousal petitions and naturalization. Chris Barsness, with more than 24 years of experience, specializes in business transactions, complex financings, investment funds, mergers and acquisitions, and securities matters. He relocated from California to join the firm four years ago, bringing valuable West Coast expertise to the Texas-based practice.
Rakesh Patel, who leads the firm's EB-5 investment visa practice, emphasized the strategic importance of this organizational change. "This change shows the dedication we have to continue to expand and grow our client base and strive to exceed our client's expectations in the areas of asset protection, estate planning, immigration, securities, mergers and acquisitions, real estate transactions, and investment funds," Patel stated. He assured existing clients that they would "still see the exact same excellence in service that they received with Patel Law Group over the years, but just under a new name."
The rebranding to PSBP Law represents more than just a name change—it signifies the firm's evolution into a more diverse partnership structure and its commitment to expanding service capabilities. The promotion of Prescott and Barsness to equity partners demonstrates the firm's investment in retaining top legal talent and rewarding expertise that has contributed significantly to the firm's success. This move positions PSBP Law for continued growth while maintaining its boutique approach to client service across immigration, corporate, real estate, and estate planning practices.
For clients and the legal industry, this development highlights the importance of strategic growth in boutique law firms. The firm's ability to promote from within and expand its equity partnership suggests stability and confidence in its business model. The retention of experienced attorneys like Prescott and Barsness as equity partners ensures continuity of service while bringing additional expertise and investment to the firm's leadership structure.
