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Larry Sonsini won’t be moonlighting after all. The chairman of Wilson Sonsini Goodrich & Rosati had been considering a job with Silver Lake Partners, a private equity firm in Menlo Park, Calif., but the discussions recently broke off. For a time, though, Wilson Sonsini partners were a bit worried about the fate of the firm. Sonsini assured them at a partnership meeting earlier this month that he never intended to leave Wilson Sonsini. Instead, he had apparently discussed taking a part-time post at Silver Lake. Sonsini did not return a phone call and Jim Davidson, a co-founder of Silver Lake, declined to comment. “Larry’s an extraordinarily high-profile and talented person, and he’s regularly approached for opportunities,” said Wilson Sonsini spokeswoman Courtney Dorman, adding that she could not discuss the particulars of any offer. Silver Lake Partners was founded in 1999 to make large-scale investments in leading technology companies. The firm already has a prominent Wilson Sonsini alum in its ranks. Alan Austin, one-time managing partner of Wilson Sonsini, joined Silver Lake two years ago as a managing director and chief operating officer. There has been frequent speculation about what will happen to the firm when Sonsini retires. The last time Sonsini considered taking another job was in 2003 when he was offered the chairmanship of the New York Stock Exchange, which he turned down. In February, Sonsini gave up his role as CEO to partner John Roos, and Jeffrey Saper became vice chairman. At the time, Sonsini said the change was not about instituting a succession plan but positioning the firm to become a national powerhouse. For now, though, the firm will have Sonsini’s undivided attention, and the Silver Lake talks are a thing of the past. “It all happened quickly and disappeared quickly,” one partner said.

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