Over the past eight months, Los Angeles has become the hotspot for mid-size East Coast firms looking to expand. Seven firms have opened or expanded offices in LA: Duane Morris; Dreier; Goodwin Procter; Hunton & Williams; McGuireWoods; Steptoe & Johnson LLP; and Venable. Several of these firms have recruited large numbers of attorneys from prominent local firms; Goodwin Proctor, for example, acquired real estate partners from Pillsbury Winthrop Shaw Pittman in Century City. The recent activity seems to be the beginning of a trend – lawyers in the west are considering their options and are much more willing to move than some others.
Source: www.nylawyer.com