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For more than four decades, Fenwick & West LLP has helped some of the world’s most recognized companies become, and remain, market leaders. From emerging enterprises to large public corporations, our clients are leaders in the technology, life sciences and cleantech sectors and are fundamentally changing the world through rapid innovation.  MORE >

Fenwick & West was founded in 1972 in the heart of Silicon Valley—before “Silicon Valley” existed—by four visionary lawyers who left a top-tier New York law firm to pursue their shared belief that technology would revolutionize the business world and to pioneer the legal work for those technological innovations. In order to be most effective, they decided they needed to move to a location close to primary research and technology development. These four attorneys opened their first office in downtown Palo Alto, and Fenwick became one of the first technology law firms in the world.  MORE >

From our founding in 1972, Fenwick has been committed to promoting diversity and inclusion both within our firm and throughout the legal profession. For almost four decades, the firm has actively promoted an open and inclusive work environment and committed significant resources towards improving our diversity efforts at every level.  MORE >

At Fenwick, we are proud of our commitment to the community and to our culture of making a difference in the lives of individuals and organizations in the communities where we live and work. We recognize that providing legal services is not only an essential part of our professional responsibility, but also an excellent opportunity for our attorneys to gain valuable practical experience, learn new areas of the law and contribute to the community.  MORE >

Year after year, Fenwick & West is honored for excellence in the legal profession. Many of our attorneys are recognized as leaders in their respective fields, and our Corporate, Tax, Litigation and Intellectual Property Practice Groups consistently receive top national and international rankings, including:

  • Named Technology Group of the Year by Law360
  • Ranked #1 in the Americas for number of technology deals in 2015 by Mergermarket
  • Nearly 20 percent of Fenwick partners are ranked by Chambers
  • Consistently ranked among the top 10 law firms in the U.S. for diversity
  • Recognized as having top mentoring and pro bono programs by Euromoney

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We take sustainability very seriously at Fenwick. Like many of our clients, we are adopting policies that reduce consumption and waste, and improve efficiency. By using technologies developed by a number of our cleantech clients, we are at the forefront of implementing sustainable policies and practices that minimize environmental impact. In fact, Fenwick has earned recognition in several areas as one of the top US law firms for implementing sustainable business practices.  MORE >

At Fenwick, we have a passion for excellence and innovation that mirrors our client base. Our firm is making revolutionary changes to the practice of law through substantial investments in proprietary technology tools and processes—allowing us to deliver best-in-class legal services more effectively.   MORE >

Mountain View Office
Silicon Valley Center
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Mountain View, CA 94041
650.988.8500

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New York Office
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Shanghai Office
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P.R. China
+86 21 8017 1200


It's Hard Work Taking Tech Companies Public

April 01, 2013

The Wall Street Journal recently covered the results of Fenwick & West’s inaugural IPO Survey in the article, “It’s Hard Work Taking Tech Companies Public.”

The survey, “Key Metrics for Recent Technology and Life Science Initial Public Offerings,” examined U.S. technology and life sciences companies that went public in 2011 and 2012. Authored by Fenwick partners Daniel Winnike and Jeffrey Vetter, the study found that fewer than a third of the deals debuted within the initial price range proposed by the companies. More than 47% of the deals priced above their range, and 24% priced below their range.

“Pricing feels like more art than science,” said Vetter, co-chair of the firm’s Securities and Corporate Finance practice.

The survey also noted that deals are trending toward bigger sizes and that the expiration of lock-ups on pre-IPO investors had sharp impacts on share prices.

“Almost across the board, your stock starts trailing off [as the lock-ups end],” noted Vetter. He added that while some companies have given early lock-up release for executives or venture-capital investors in the form of secondary offerings to relieve some of that pressure, that it was an option available mostly only to companies whose shares were trading above their IPO price.

The IPO Survey is the first in a series that will provide quarterly reviews of IPOs in the technology and life sciences sectors nationwide. Read more about Fenwick’s Technology & Life Sciences IPO Survey.