Foley & Lardner opens office in Salt Lake City and adds intellectual property litigation team as part of its continued strategy to expand in key markets.
The move, announced on Monday, comes weeks after Kirkland & Ellis announced it would also open an office in Salt Lake City. Large companies with deep pockets filled by a pandemic flurry of work are looking to establish beachheads in new locations, especially those with a tech bent.
Salt Lake City is positioning itself as a hub for tech startups and venture capital transactions, with investors investing billions of dollars in start-ups. As these businesses grow, they seek an increasingly broad range of legal services.
âSalt Lake City is rapidly gaining ground as one of the nation’s premier tech and startup hubs, with a multitude of tech companies doing business in the metro area,â said Jay Rothman, chief executive officer by Foley.
Quinn Emanuel, the large Los Angeles-based litigation firm, has generated great interest in the city of Utah. She opened a site in 2018, offering patent litigation and other legal services. By 2020, 18 companies listed in the AmLaw 200 ranks had opened offices in Utah, double the number that existed in 2015. Dentons and Lewis Brisbois are among other companies that have planted flags in the state.
Foley added a team of four Dentons intellectual property attorneys last year, including the former co-head of the firm’s IP practice group.
The Milwaukee-based Foley also focuses on healthcare and life sciences. The company reported more than $ 922 million in gross revenue in 2020, ranking it among the top 50 companies in the country.
Foley is open to expansion to further add to its core legal expertise in the areas of business, health and life sciences and intellectual property, Rothman said.
âWe want to serve a client who might come in, and the legal issue may not be clear,â he told Bloomberg Law. âWe have a holistic approach and we will be ready to help them, whatever the sector or the market. “
Foley announced in 2018 that he was teaming up with Gardere Wynne Swell to give him a presence in Austin, Texas, as well as Dallas, Houston, Denver and Mexico City. The firm currently has approximately 1,100 lawyers in 25 offices around the world.
His new attorneys in Salt Lake City, partners David Wright and Jared Braithwaite, senior counsel Michael Manookin and special counsel Taylor Wright, were from Maschoff Brennan, an intellectual property litigation boutique, which has offices in California and in Utah.