X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Silicon Valley, Calif., law firm Wilson Sonsini Goodrich & Rosati is taking advantage of the current doldrums in technology financing. It is using the downturn to hire a squad of new attorneys to build up the firm’s Fund Services Group, which provides legal services and counsel to venture capital and private equity funds. The Palo Alto, Calif.-based law firm said Monday it hired Bank of America attorney Robert S. Fore as a partner in the group. The group’s client roster includes JAFCO, Mayfield Fund, Polaris Venture Capital, Sequoia Capital, Trident Capital, and VantagePoint Venture Partners. Fore was general counsel to Bank of America’s worldwide private equity businesses and with venture capital and buyout firms. More recently, he served as an investment banker with Banc of America Securities. Fore, 37, holds a Bachelor of Science in Business Administration from the University of Southern California, a J.D. from Loyola Law School and a M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University. “What we are doing is taking advantage of this little bit of a slowdown in the market to build out the infrastructure from the people and technology standpoint,” said Jonathan Axelrad, chairman of the Funds Services Group. Axelrad left Wilson Sonsini after 10 years to pursue a short-lived stint — 11 months — with flailing Internet incubator idealab. He rejoined Wilson Sonsini in March. “We are continuing to build capacity in an area where we have been unable to serve as many clients as we wished for some years,” Axelrad said, adding that he expects private equity to remain extremely important to Wilson Sonsini’s practice. Prior to joining the firm, Fore and Axelrad often faced off on opposing sides of the negotiating table. “It’s really wonderful to have someone who was one of the biggest thorns in your side suddenly become an ally,” Axelrad told The Deal. The group also hired lawyer Steven C. Keller to take over as director of administration and compliance for the group, a role usually given to a paralegal. The group hopes a full-time attorney in the slot will help boost its performance. As part of its expansion, Wilson Sonsini plans to unveil a new, proprietary software platform in about six weeks. It will provide Web-based access to private equity fund documents and will include the ability to complete subscription amendments for a private equity fund online through dynamic, self-creating question forms. Copyright (c)2001 TDD, LLC. All rights reserved.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.