How Heller Ehrman Went Under
Venerable San Francisco law firm Heller Ehrman voted to dissolve last September, ending a practice that was nearly 120 years old. Now we're starting to learn more details of why it collapsed. According to a document filed in bankruptcy court last week, what undid Heller Ehrman was an overambitious strategy to expand globally, including its 2003 acquisition of the Venture Law Group, a Silicon Valley law firm that specialized in high-tech startups. (Several of the VLG folks are now at Cooley Godward Kronish in Palo Alto, which calls itself the number 2 firm in the nation for representing venture-backed companies in financings.)
12 August 2009•2 mins read
