Law360 (February 20, 2020, 10:17 PM EST) — Holland & Knight LLP’s former executive partner for Chicago, Steven Elrod, has left his firm with nine other lawyers to start a municipal government-focused boutique that will sell itself to clients as more flexible on rates.

Elrod is co-founding the boutique with partner Peter Friedman, who led Holland’s government law and real estate practice group in Chicago. Friedman also served as co-counsel and ethics officer for former Illinois Gov. Bruce Rauner.