Adit Khorana (Gittings Photography)
Adit Khorana has left his role as leader of Wilmer, Cutler, Pickering, Hale and Dorr’s West Coast technology transactions practice to join Cooley’s office in Palo Alto, California, where he will lead his new firm’s equivalent practice group in Silicon Valley.
At Cooley, Khorana will continue advising clients in the computer hardware and software, semiconductor and electronic, Internet and mobile media sectors on intellectual property and transactional matters. After seven years at Wilmer, Khorana said that Cooley presented a chance to shape an expansion effort that he couldn’t turn down.
“Cooley has grown so rapidly over the last decade,” he said. “Their growth in both the size and sophistication of their existing clients, as well as the total number of clients, has outstripped their ability to provide services to every client at every level. There’s just a great opportunity here that maybe doesn’t exist everywhere right now.”
The strength of Cooley’s tech practice helped boost the firm’s gross revenue by 14 percent in 2015 and another 6.8 percent in 2016, when it reached $974 million. Cooley took the lead on Snap Inc.’s nearly $3.5 billion initial public offering in March, a listing that saw the firm snag at least $1.8 million in legal fees and take a stake worth $11.7 million in the Snapchat parent. Cooley lawyers also advised on 200 M&A deals in 2016.
Khorana, who was a partner at Wilson Sonsini Goodrich & Rosati for 16 years before joining Wilmer in October 2010, said that during his time at both firms he crossed paths with many lawyers from Cooley. His connections with corporate partner Kevin Rooney, who joined the firm in 2013 from Sheppard, Mullin, Richter & Hampton, and emerging companies co-chair Matthew Bartus, who joined Cooley in 2011 from Dorsey & Whitney, as well as several other Cooley lawyers, helped draw him to the firm.
“Adit is one of the most respected and seasoned technology transactions lawyers in the country,” said a statement by Cooley’s business department head Mike Lincoln. “With an increasing demand for complex technology transactions work, it’s powerful to leverage Adit’s expertise working with all manner of companies, from startups to Fortune 500, to add to our already strong offerings in this core space.”
Cooley’s London office, which opened only two years ago with a team of 55 lawyers, had nearly $50 million in gross revenue during its most recent fiscal year. In California, last month the firm hired Troy Zander, a venture debt finance partner who had been managing partner of DLA Piper’s San Diego offices. In February, Cooley brought on Ray LaSoya, most recently chair of the private equity practice at Stroock & Stroock & Lavan in Los Angeles.
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