Freshfields' Silicon Valley Office Thrives in Year 1
After opening shop during the pandemic, the U.K.-based firm says its foray into Silicon Valley has gone better than expected, citing interest from clients and attorneys alike in what it is building there.
July 08, 2021 at 10:22 AM
5 minute read
The original version of this story was published on The Recorder
It's been about a year since Freshfields Bruckhaus Deringer decided to expand its U.S. operations outside of the I-95 corridor, setting up shop in Silicon Valley with an eye for increased work with tech clients. According to the firm, things are going quite well, fueled by an active IPO and M&A market, expanding antitrust work, the ability of the firm to recruit local talent and, as it turns out, a bit of curiosity on the part of prospective clients.
According to Sarah Solum, who heads the new office as well as Freshfields' U.S. capital markets practice, and Ethan Klingsberg, head of the firm's U.S. corporate and M&A group, the above factors drove a first year that exceeded the firm's expectations and fostered the belief that they can succeed where other firms have had issues in the past.
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