Startups are increasingly getting financed and doing deals in New York, leaving New York lawyers with emerging company practices more in demand.
In 2002, just after the dot-com bubble burst, less than $300 million was invested in early-stage New York companies, according to PricewaterhouseCooper’s Money Tree. In 2015, that figure was more than $3 billion. “New York is here to stay as a startup market,” says Patrick Pohlen, co-chair of Latham & Watkins’ emerging company practice. “I think you’re going to continue to see venture capital coming.”
