Posted Dec 06, 2010 08:17 pm CST
Silicon Valley’s the place to be, not San Francisco, a top New York City-based international law firm has decided.
Hence, Skadden Arps Slate Meagher & Flom will be closing its San Francisco office by June, the Daily Journal (sub. req.) and the Recorder reported. Although the 25 lawyers in San Francisco will have the opportunity to move to the larger Palo Alto office, if they wish, some staff layoffs are expected, according to the Daily Journal.
Partner Kenton King, who heads both offices, announced the planned shuttering in San Francisco on Friday. He says the four partners in San Francisco will definitely make the move to Silicon Valley, but that four counsel and 17 associates haven’t yet decided.