If there’s one thing certain to stir up the UK legal scene it’s a big new arrival. Particularly if it’s a firm with an ambitious growth streak.
That looks to be the case with California-based tech firm Cooley, which numerous sources say continues to circle the London legal market. The firm is thought to be eyeing a 1 October launch in the City, with aspirations to grow into a 50-lawyer office within its first six months.
Cooley is understood to have made offers to a number of Edwards Wildman partners, but with such lofty ambitions the firm will also need to cast its eye further afield. With its technology and life sciences specialisms, you’d expect lawyers from the likes of Taylor Wessing, Olswang, Osborne Clarke and Fieldfisher to be on its extensive wish list.
A number of US firms have been turning to the London market to fuel their City growth spurts in recent months, including Gibson Dunn, Orrick and Morgan Lewis. If and when Cooley sets up shop, expect more ripples in the City’s talent pool.
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