Perkins Coie bolsters Austin tech team with Silicon Valley vet – Reuters

Perkins Coie legal offices in Washington, D.C. REUTERS/Andrew Kelly
(Reuters) – Perkins Coie announced Monday that it has hired a Silicon Valley emerging companies partner from Lowenstein Sandler in its Austin office, as the Texan city's tech scene continues to take off.
Seattle-based Perkins Coie opened its Austin outpost in February 2020, and many other Big Law firms have since established offices there.
While working for Lowenstein Sandler in Palo Alto, California, Valeska Pederson Hintz focused on corporate transactions, including venture financings and initial public offerings, as well as M&A and SPAC transactions.
She said that Austin used to have mostly early stage startups, but the landscape has recently changed to include more of her typical clients, such as venture capital and private equity firms.
“Valeska’s familiarity with guiding innovative technology companies and entrepreneurs will be highly valuable to our sophisticated clients as they increasingly adopt technology-related platforms and applications,” said Troy Foster, co-chair of Perkins Coie's emerging companies and venture capital practice, in a statement.
Hintz has roots and family ties is Austin, but she said the "exploding" tech scene was also a major draw.
"My Texas clients are very excited [about the move] and my New York and California clients are not surprised," said Hintz. She said many of her clients and her clients' employees are thinking about making the move to Texas themselves.
A representative from Lowenstein Sandler did not immediately return requests for comment on Hintz's departure.
Perkins Coie has been growing in Austin since last year and in June signed a new lease for a larger space. The firm now has about 20 attorneys working in Austin, according to its website. It also has another Texas office in Dallas.
A number of the nation's largest firms have opened Austin offices since the start of the year, including Quinn Emanuel Urquhart & Sullivan, Kirkland & Ellis and O'Melveny & Myers.
Read More:
Perkins Coie inks new Austin lease as more firms flock to Texas
Chinekwu Osakwe covers legal industry news with a focus on midsize law firms. Reach her at [email protected]
Subscribe for our daily curated newsletter to receive the latest Reuters legal news and headlines delivered to your inbox.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Information, analytics and exclusive news on financial markets – delivered in an intuitive desktop and mobile interface.
Access to real-time, reference, and non-real time data in the cloud to power your enterprise.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2021 Reuters. All rights reserved

source