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Law Firms Are Investing in Tech Before It Overtakes Them

The definition of a law firm is shifting as firms invest in technology to stave off competitors and give clients what they want.

 

In most contexts, the story of Silicon Valley’s Venture Law Group is a cautionary tale. Founded in 1993 by Craig Johnson, previously a leading partner at Wilson Sonsini Goodrich & Rosati, VLG made a meteoric rise representing and investing in the likes of Yahoo, Cerent, Hotmail and plenty of other long-forgotten dot-com darlings. The firm scratched at a place in the Am Law 200 a mere seven years into its existence. Three years later, it merged into Heller Ehrman, its fortunes having faded when the dot-com bubble burst.

 

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