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The List: New Partners in California 2007
Congratulations to the 270 lawyers in California who have made partner since July.Small Firms Find Profit in Nonprofits
Gene Takagi has long been interested in nonprofits. As an associate at Sheppard Mullin, he didn't have enough clout to draw large institutional clients, and many organizations couldn't afford his big-firm rates. So Takagi went solo. By slashing his rates from $280 to $150, he went from zero to 60 regular clients. With the number of private charities exploding and their wealth building come stricter regulations -- translating into the need for more counsel, which bodes well for solos and small firms.Pillsbury Fills Its Dance Card With Tech Debuts
Pillsbury Winthrop has stretched its IPO streak with the debut of client Multi-Fineline Electronix. The Anaheim-based maker of flexible circuit boards raised roughly $50 million in its public offering on June 25. Real estate developer Felson Companies Inc. paid $20 million for a third of the former cannery on 26 acres of land. Felson, which manages multi-family apartments in the San Francisco Bay Area, plans to redevelop the property for use as town homes.Law Firms Turn to Outside Coaches to Stay in the Game
Somewhere on the continuum between marketing gurus and psychologists are law firm coaches. Previously more casual positions, these roles are becoming more structured, and more commonplace. Some firms have begun formal coaching programs to help associates and junior partners make the transition from service lawyer to business getter. Others have brought in coaches to help senior leaders deal with issues as vital as client retention and as solemn as succession planning. But the concept also has its critics.Obama Lines Up Support From Calif. Legal Heavyweights
As Sen. Barack Obama's presidential campaign flexes its fundraising muscles, San Francisco Bay Area corporate lawyers are doing much of the heavy lifting. Obama has already won the support of some politically active Bay Area attorneys, four of whom have each committed to raising $100,000 by the end of March. But Obama's opponents have well-connected lawyers on board, too. "One thing is clear," said Joseph Cotchett, a John Edwards supporter. "California is an ATM machine for presidential politics."Trending Stories
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