Now, with the technology bubble burst and Silicon Alley at a dead end, the competitive prospects of the major California firms in New York seem governed by the limits of their exposure to tech wreckage and the strengths they exhibited before dot-com mania took hold.
IN THE race to expand in the New York market, the largest California law firms all share certain advantages over firms from elsewhere. Their large and wealthy home market supports highly sophisticated and specialized practices and billing rates just shy of those in Manhattan. Their location on the West Coast gives them an international profile firms in the South and Midwest lack.
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