It may be the hottest IPO market in the world, but when it comes to the fees law firms charge to take a company public, Silicon Valley is a relative bargain. For an average of $420,000, Bay Area firms will handle a company's initial public offering -- a blue-light special compared to averages of $818,000 in New York or $663,600 in Los Angeles. However, Bay Area firms now experimenting with premium pricing are getting few complaints from tech company executives desperate for counsel to take them to market.
April 05, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
It may be the hottest IPO market in the world, but when it comes to the fees law firms charge to take a company public, the Silicon Valley is a relative bargain.
For an average price of $420,000, Bay Area firms will handle a company’s initial public offering, Securities and Exchange Commission documents show. That’s a blue-light special when compared to the $818,000 charged at New York firms or the $663,600 averaged by Los Angeles lawyers.
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