Monday, February 22, 2010

SF Outlook for February: Cloudy with a Chance of More Law Firms

Three new law firms added SF to their list of office locations in February:
Greenberg Traurig, Downey Brand and Morris Polich & Purdy.

The common denominator is opportunistic growth. Each firm took on laterals rather then re-planting their own attorneys (GT took attorneys from Weil, Gotshal and Quinn Emanuel; DB took attorney from Paul Hastings; MPP took attorneys from Carroll Burdick)

The regional firms said that it was a response to client requests and that they are able to offer lower rates to their current clients that do business in SF. All firms are looking to build out their new offices in the coming months.

And February isn't over yet...

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