- International Law Firm's 11th Office Will Be Located in Santa Monica - LA's Digital Media and Venture Capital Hub
- Prominent Corporate, Tech and Media Partners Hired for Launch
- Commitment to Full-Service Office with Litigation and Intellectual Property Practices to Follow
Los Angeles, Calif. – July 24, 2012 – Cooley LLP announced today the opening of its Los Angeles office. The new office, which will be located in Santa Monica – a vibrant hub for technology, media and venture capital in the Greater Los Angeles region – will complement Cooley's three existing California offices and be seeded from the outset with the firm's existing relationships with more than 200 clients in the Los Angeles region. Cooley plans to grow the office aggressively and provide full-service business and litigation legal services to clients ranging from startups to Fortune 100 companies. Cooley is committed to capitalizing on its leading position in the tech, digital and social media markets at a time of increasing and dynamic convergence.
"Launching in Los Angeles marks a transformative moment for the firm," said Cooley CEO Joe Conroy. "It is the country's hub of creativity and the home to the convergence of technology and content. Our innovative clients are at the leading edge of this new media wave, and we want to be side by side with them in Los Angeles."
Establishing Roots in a Fast-Growing Region
Media outlets reported that in 2011 Los Angeles was the fourth largest venture/emerging company market in the country, trailing only the Bay Area, New England and Metro New York markets in the number of venture capital financings and dollars raised. Pursuing its long-standing strategic plan, Cooley has invested in each of these growth regions. By becoming the first major Silicon Valley-based law firm to establish an office in LA, Cooley is now a significant presence in all of these critical venture capital and emerging company markets.
It has also been reported that entrepreneurs in the LA region attracted $567 million in venture capital in the first quarter of 2012 further establishing Los Angeles as the epicenter of the burgeoning new media / digital media sector, as well as social and celebrity-driven commerce, advertising services and technology, and social and video gaming – all areas that are a core focus for Cooley and its clients.
Cooley's litigators also regularly appear in the Los Angeles federal courts. That court is recognized for its leading position as a docket for IP, securities and class action work – areas in which Cooley's 300-lawyer litigation department has significant experience.
"Entering the Los Angeles market has long been a strategic goal of our firm," Conroy added. "So many of our clients are based in LA or have increasingly significant activity there – it is a natural move for us. Our strategy is to build quickly a significant presence that reflects the firm's core practice areas. I expect the firm to become a major corporate and litigation force in this region, as we have proven in growth markets across the country."
Advancing Cooley's National Strategy
The Los Angeles move follows the firm's recent national and international expansion into New York, Boston, Seattle and Shanghai, as well as its continued growth in key technology markets including Palo Alto, San Diego, San Francisco, Washington, DC, Northern Virginia and Colorado.
Building on its roots and driven by the needs of its clients, Cooley now has leading national practices in Business, Litigation, Intellectual Property, Technology, Privacy, Life Sciences and Venture Capital. Cooley intends to use its presence in Los Angeles to attract top legal talent that will add to the firm's strength in each of these areas.
"Genuine and dynamic innovation and convergence across technology, venture capital, content and digital media companies is evident throughout the Los Angeles market," said founding partner David Young. "We are determined quickly to become the go-to law firm helping companies navigate this rapidly developing landscape. Cooley is the perfect place for us all to make this happen."
About Cooley LLP
Cooley's attorneys have an entrepreneurial spirit, substantive experience and are committed to solving clients' most challenging legal matters. More than 300 of Cooley's 650 attorneys are litigators handling leading national cases, often at the intersection of law and innovation. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.
The firm has full-service offices in eleven major business and technology centers: Palo Alto, CA; San Francisco, CA; San Diego, CA; New York, NY; Reston, VA; Washington, DC; Boston, MA; Broomfield, CO; Seattle, WA; Los Angeles, CA; and Shanghai, China.