More than a dozen major law firms have set up San Diego shops since the early '90s, seeking a piece of the area's technology and life science industries. But even as some attorneys predict consolidation, others see a new wave of out-of-town arrivals. "There are a limited number of life sciences companies in San Diego, and you have a lot of major law firms in town fighting for that client base," said recruiter Larry Watanabe." And they're all poaching laterals from the same small pools of national firms."
June 11, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
San Diego may seem like a sun-drenched beach town, but the legal climate there is anything but relaxed.
“There are too many lawyers and too many law firms for the amount of work,” said Jay de Groot, the chairman of Morrison & Foerster’s San Diego corporate group. “There is going to be a major shakeout of firms over the next three years.”
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