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Midsized Eastern firms get aggressive in L.A.
This city has morphed into a recruiting hotbed in the past eight months as several midsized firms from the East Coast aggressively open offices.East Coast firms opening new offices in L.A.
Los Angeles has become the destination of choice for midsized East Coast firms looking to grow. "The last six months, particularly on the west side of L.A., have been hot," said Roger Warin, chairman of Steptoe & Johnson, which opened its second Los Angeles office in Century City in July 2006. Other firms to open L.A. offices include Duane Morris, Goodwin Procter, Hunton & Williams, and Venable.How Eversheds Became Tyco's Firm of Choice in Europe
When Tyco International named Eversheds its adviser of choice for Europe, the Middle East and Africa, the American security and fire business slashed its legal advisers for day-to-day matters in the region, such as commercial contracts and intellectual property, from around 250 to one. It handed the U.K. firm a two-year mandate estimated to be worth more than $20 million in total. Eversheds' innovative pitch to Tyco represents a model tailor-made for midmarket firms with a strong international presence.Ballard Spahr Seeks New Fortunes in L.A.
The Philadelphia firm's new office will focus on IP, employment work.Ballard Spahr Seeks New Fortunes in Los Angeles
Recently, Philadelphia-based Ballard Spahr Andrews & Ingersoll became the latest Eastern U.S. firm to open an office in Los Angeles, snagging four partners in recent months from Baker Hostetler. Lawyers at the firm expect to recruit in areas such as IP and high-stakes employment litigation. "We have almost 600 lawyers, and a quarter of them are in the West," says Chairman Arthur Makadon. "We're no longer an Eastern firm. The hope is that within a few years, half our lawyers will be in the West."How Eversheds Became Tyco's Firm of Choice in Europe
When Tyco International named Eversheds its adviser of choice for Europe, the Middle East and Africa, the American security and fire business slashed its legal advisers for day-to-day matters in the region, such as commercial contracts and intellectual property, from around 250 to one. It handed the U.K. firm a two-year mandate estimated to be worth more than $20 million in total. Eversheds' innovative pitch to Tyco represents a model tailor-made for midmarket firms with a strong international presence.Trending Stories
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