The continuing growth of California’s economy has fueled a legal industry gold rush across practice areas, and the eight firms selected as Law360’s 2018 California Powerhouses have excelled at attracting top talent and the state’s increasing book of business, from class actions targeting tech giants to deals and disputes in the sports and entertainment industries.
As part of its annual Regional Powerhouse series, Law360 is recognizing a group of law firms with a major presence in the Golden State that stood out during the past year for their outstanding achievements in the region in what experts say was an exceptionally competitive year for the legal sector in California.
The Many Ways To Grow In California
California’s economic engine is revving up, and that has provided an opportunity for law firms to do well also, according to Sheppard Mullin chairman Guy Halgren, who says that the legal market in the state has exhibited solid, steady growth over the past few years.
The ability of law firms to successfully recruit high-profile partner talent was another key driver of success in the highly competitive California legal market in the past year, according to Paul Allen, a Palo Alto-based partner at legal recruiting firm Major Lindsey & Africa.
“The firms that do this well can broaden their client base by bringing in partners with portable company relationships, and can effectively capture more work from their existing client roster by augmenting their visibility and expertise across practices,” Allen said.
“The firms in California that have been attractive to partner candidates in the past year tend to be both strategic and nimble in their recruiting efforts, and demonstrate a highly collaborative partnership culture,” Allen said.