Patricia McGowan


Patsy McGowan is chair of the Baltimore Corporate Group. Patsy focuses her practice on a wide range of corporate law matters, including corporate governance, securities transactions, corporate finance, and mergers and acquisitions, with a particular emphasis on Maryland corporation law as it relates to real estate investment trusts (REITs), financial institutions, and healthcare companies.


Representative Matters

  • Served as Maryland counsel in more than two dozen initial public offerings, including more than a dozen REITs
  • Served as Maryland counsel in more than a dozen publicly traded REIT mergers
  • Served as Maryland counsel for the special committees of several companies in their consideration and negotiation of strategic alternatives
  • Served as Maryland counsel in multiple mergers of bank holding companies
  • Served as Maryland counsel in the spinoffs of three publicly traded REITs 
  • Served as Maryland counsel in the spinoffs of two publicly traded consumer goods companies
  • Served as Maryland counsel to multiple REITs in connection with follow-on and at-the-market offerings
  • Counseled a large hospital system in the overhaul of bylaws and governance documents for a dozen hospitals and affiliates
  • Advised a major BlueCross/BlueShield insurer relating to board composition and governance matters
  • Served as Maryland counsel in listing of first U.S. public company on the Hong Kong Stock Exchange
  • Served as Maryland counsel in the merger of three publicly traded manufacturing and supply companies




  • J.D. with honors University of Maryland School of Law 1995
  • B.A. Johns Hopkins University 1992

Bar Admissions

  • Maryland

Professional Memberships and Activities

  • Recognized in Chambers USA, REITs: Maryland Counsel, 2020
  • Member, American Bar Association, Business Law Section
  • Member, Maryland State Bar Association; past chair, Business Law Section and past chair, Committee on Corporation Law


  • The Best Lawyers in America
    • Lawyer of the Year, Corporate Law, Baltimore, 2022
    • Corporate Law, 2018, 2020 – 2023
  • The Best Lawyers Business Edition, Women in the Law, Corporate Law, 2018 – 2019
  • Chambers USA
    • REITs: Maryland Counsel, Nationwide, 2014 – 2022
    • Corporate/Mergers & Acquisitions, Maryland, 2013 – 2018
    • Capital Markets: REITs, Nationwide, 2013
  • Chambers Global, Capital Markets: REITs: Maryland Counsel, 2014
  • Legal 500
    • Real Estate, 2017
    • REITs, 2011 – 2013, 2018 – 2019, 2022
    • M&A: Middle-Market (Sub-$500 million), 2022