Silicon Valley lawyers had reason to feel happy at the close of 1999, and it's not just because the Bay Area was flooded with work. Technology lawyers are swimming in deep equity pools carved out by a staggering number of clients that staged IPOs. A snapshot taken on New Year's Eve depicts Wilson Sonsini Goodrich & Rosati holding stock in 34 newly public clients worth a total of $230 million. That's more money than 62 of The American Lawyer magazine's 100 top grossing law firms scored in revenues in 1998.
January 06, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Silicon Valley lawyers certainly had reason to feel fat and happy at the close of 1999, and it’s not just because the Bay Area has been flooded with work.
Technology lawyers appear to be swimming in shockingly deep equity pools carved out by a staggering number of clients that staged initial public offerings.
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