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  • Research Notes Vol. 1 No. 1: Silicon Valley's Silent Kingmakers

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    PERKINS and FENWICK HAVE the GREATEST DIGITAL PRESENCE OF ANY startup LAW firm IN the BAY AREA Wilson Sonsini Cooley Latham and watkins Fenwick and west Pillsbury 114 62 44 37 27 23 22 22 10 No Source: firm websites TED WANG, OF FENDWICK and west, HAS the MOST KLOUT OF ANY SILICON VALLEY startup ATTORNEY IN the

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    King Makers

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    PERKINS and FENWICK HAVE the GREATEST DIGITAL PRESENCE OF ANY startup LAW firm IN the BAY AREA Wilson Sonsini Cooley Latham and watkins Fenwick and west Pillsbury 114 62 44 37 27 23 22 22 10 No Source: firm websites TED WANG, OF FENDWICK and west, HAS the MOST KLOUT OF ANY SILICON VALLEY startup ATTORNEY IN the

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    212 views9 pages

    Research Notes Vol. 1 No. 1: Silicon Valley's Silent Kingmakers

    Uploaded by

    Richard Komaiko
    PERKINS and FENWICK HAVE the GREATEST DIGITAL PRESENCE OF ANY startup LAW firm IN the BAY AREA Wilson Sonsini Cooley Latham and watkins Fenwick and west Pillsbury 114 62 44 37 27 23 22 22 10 No Source: firm websites TED WANG, OF FENDWICK and west, HAS the MOST KLOUT OF ANY SILICON VALLEY startup ATTORNEY IN the

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    of 9

    Research Notes Vol. 1 No.

    1 Silicon Valleys Silent Kingmakers

    Research Department

    AttorneyFee.com
    December 12, 2011

    Silicon Valleys
    This research report offers a fresh look at the startup economy from the men and women who keep it legal

    Silent Kingmakers

    PAGE 1 6

    REACH
    followers
    Perkins Coie Latham & Watkins Wilson Sonsini Orrick Fenwick & West Cooley Gunderson Dettmer Pillsbury 984 901 780 502 395 368 348 163

    PERKINS AND FENWICK HAVE THE GREATEST DIGITAL PRESENCE OF ANY STARTUP LAW FIRMS
    Gunderson Dettmer Wilson Sonsini Dorsey & Whitney

    Latham & Watkins


    Orrick Pillsbury

    Cooley
    Perkins Coie Fenwick & West 0 5,000 10,000 15,000 20,000 25,000

    o N
    monthly unique web visitors

    01

    Sources: Compete.com, Twitter

    PAGE 2 6

    EMPHASIS

    WILSON SONSINI HAS MORE STARTUP ATTORNEYS THAN ANY OTHER LAW FIRM IN THE BAY AREA
    Wilson Sonsini Cooley Latham & Watkins Fenwick & West Pillsbury Gunderson Dettmer Perkins Coie Orrick Dorsey & Whitney 114 62 44 37 27 23 22 22 10

    No

    02

    Source: firm websites

    PAGE 3 6

    INFLUENCE

    30

    32

    TED WANG, OF FENDWICK & WEST, HAS THE MOST KLOUT OF ANY STARTUP ATTORNEY IN THE VALLEY

    46

    Ted Hollifield

    Ivan Gaviria

    52

    No
    Source: Klout

    03

    51

    Peter Werner

    Ted G. Wang

    47

    Yokum Taku

    Stephen Venuto

    PAGE 4 6

    FEES

    LEGAL BILLS FOR SEED STAGE COMPANIES OFTEN CONSUME A LARGE CHUNK OF THE SEED FUNDING THEY RAISE

    $450 $23,000

    California statewide average lawyer fee for corporate formation package

    No

    04

    average deferred compensation legal bill accrued by startups prior to series A financing

    $52,000
    average legal bill for Series A financing

    Source: AttorneyFee Survey

    PAGE 5 6

    REVENUE

    ESTIMATED TOTAL REVENUE GENERATED IN 2011 BY SILICON VALLEY LAW FIRMS FROM STARTUPS

    $37 million
    Source: AttorneyFee Survey

    Includes corporate formation, seed financing, and Series A fundraising

    o N

    PAGE 6 6

    ACTIVITY

    ANNUAL GROWTH IN BUSINESS ENTITY FORMATIONS ARE APPROACHING LEVELS FROM THE PRE-BUBBLE ERA
    40% 30% 20% 10% 0% 99 -10% 00 01 02 03 04 05 06 07 08 09 10 11

    -20% -30% -40%

    o N

    Source: Survey of Secretaries of State

    ATTORNEYFEE FOR MORE INFORMATION


    STEPHEN KLODER, PhD, CO-FOUNDER BEIBEI QUE, JD, CO-FOUNDER RICHARD KOMAIKO, CO-FOUNDER
    OR CUSTOMIZED DATA SETS, PLEASE VISIT OUR WEBSITE AT WWW.ATTORNEYFEE.COM OR EMAIL US AT INFO@ATTORNEYFEE.COM

    Publish by AttorneyFee 3000 23rd Street San Francisco, California 94110

    2011 AttorneyFee All Rights Reserved

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