Patrick J. Franke

Shareholder | Seattle | 206.223.7100 |

Areas of Practice

Pat is the Director of Lane Powell’s Business Department. He has a corporate and transactional practice, with a focus on providing strategic counsel to his client’s owners, boards of directors and management on a wide range of business matters such as raising capital, corporate restructuring and governance. Pat also advises clients on corporate financings, mergers and acquisitions, licensing and distribution transactions, and other commercial matters. Pat represents businesses in a variety of industries, including venture-backed and private equity-owned companies. He also represents venture-capital and private-equity investors in their investment activities.

Professional Experience

  • Graham & Dunn PC, Partner (2006-2013)
  • Leary Franke Droppert PLLC, Founding Partner (2000-2006)
  • Smith & Leary PLLC, Associate (1993-2000)

Admitted to Practice

  • Washington


  • University of Texas (J.D., 1993)
  • Santa Clara University (B.A., magna cum laude, 1990)
    • Phi Beta Kappa

Practice Group and Specialty Team Memberships

  • Director, Business Department
  • Member, Lane Powell Board of Directors (2014)
  • Business
  • Corporate Finance and Securities
  • Food, Beverage and Hospitality
  • Mergers & Acquisitions
  • Private Investment Funds
  • Startups and Emerging Companies
  • Transportation Client Team


  • “Reward v. Risk: Advantages and Disadvantages of Courting Strategic Investors,” Seattle Business magazine (June 2014)
  • “Supporting Startups: Will the JOBS Act Expand the Crowdfunding Crowd?” Seattle Business magazine, Co-author (September 2013)

Speaking Engagements

  • “Welcome and Introductions;” and “Selecting Your Board of Directors and What to Expect From Them,” Lane Powell’s Third Annual Startups and Emerging Companies Seminar, Co-presenter, Seattle (December 8, 2016)
  • “Raising Capital: Offering Compelling Terms for Investors … Without Giving Away the Farm,” Lane Powell’s Second Annual Startups and Emerging Companies Seminar, Co-presenter, Seattle (December 2, 2015)
  • “Developing Transactional Strategies,” Law Seminars International 10th Annual Advanced Concepts in Licensing IP and Technology Seminar, Co-presenter (August 20, 2015)

Awards and Honors

  • AV Preeminent® in Martindale-Hubbell® Peer Review Ratings™
  • Named as a “Washington Super Lawyer,” Super Lawyers® magazine, Business/Corporate (2005-2017)
  • Named to “League of Justice,” Washington CEO magazine (2006)
  • Named as a “Washington Rising Star,” Super Lawyers® magazine (2000)
  • Named as a “Life Member,” National Registry of Who’s Who Among Lawyers

Professional and Community Activities

  • Member, Washington State Bar Association (1993-Present)
  • Sponsor, Zino Society (2005-2015)
  • Sponsor, Entrepreneurs’ Organization Seattle (2008-2013)
  • Chairman, King County Bar Association, Community Involvement Committee (1997-2000)
  • Member, Federal Bar Association (1993-2000)