At 8:30 on a morning in early January, former Heller Ehrman partner Steven Tonsfeldt sat in his parked car outside a prominent law firm’s Menlo Park offices, cooling his heels before beginning several days of scheduled interviews. Three months after he helped the rest of his West Coast corporate practice find a new home at Cooley Godward Kronish, Tonsfeldt, 48, was finally getting around to finding a permanent position for himself.
In an autumn notable for financial pain, Tonsfeldt had weathered a double dose of it. In September, credit market storms threatened to capsize a $3 billion deal he was handling for client Foundry Networks Inc. Around that time, Heller — and his team — dissolved.
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