When Skadden, Arps, Slate, Meagher & Flom announced earlier this month that it will close its San Francisco office at the end of June 2011 and relocate its lawyers in the office to Palo Alto, it became the third New York-based firm to make a similar move south since 2006. White & Case consolidated its Northern California offices in Silicon Valley in 2006, and Dewey & LeBoeuf did the same last year.
Add to that the fact that Kaye Scholer chose to open its first Bay Area office in Palo Alto in March, and it’s becoming clear that, for non-California-based firms at least, Silicon Valley is the center of gravity in Northern California. All told, the Recorder’s Petra Pasternak reports, 19 Am Law 100 firms have opted for Silicon Valley over San Francisco. Here’s her take on the trend of firms setting up shop further south in the Bay Area. (A quick check of the traditional California firms in the Am Law 100, though, shows that firms native to the Golden State have so far opted to maintain offices in both business centers.)
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