Quote:
Originally posted by sgtclub
Not to disparage any VLG lawyer, but what does Orrick have to gain from the acquisition? VLG clearly gains, but Orrick already has a fairly prominent west coast presence.
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I agree. It's hard to understand. The only thing I can imagine is that Orrick may believe that venture work will rise again, they want to be positioned for it, and they can afford to ride out the storm if it means getting the right people in place. But, wouldn't they worry that the VLG people would just split again, if things get all late-90s again? Or do they assume those people learned a lesson about the importance of diversification?
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