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Fewer Firms Dining on Equity Stakes

The Recorder

September 25, 2003

Silicon Valley law firms fattened up on equity stakes during the Internet boom, but attorneys aren't finding investments in clients so tasty these days. Consider the portfolio of one the most aggressive dot-com-era investors -- Wilson Sonsini Goodrich & Rosati. During the boom, Wilson pumped as much as $30 million a year in firm profits into its investment pool. These days, that amount is down to $6 million a year.

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