Gunderson Dettmer Grows Headcount 30% in 'Banner Year' Driven by Tech and Life Sciences Boom
This article was first released by Law.com on January 26, 2022.
Tremendous demand from tech and life sciences clients fueled a historic year of growth in 2021 for Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, according to firm leadership.
The firm grew its lawyer headcount in the period by one-third to 422 attorneys, which includes 110 partners.
Gunderson was already active in dealmaking, and in 2021 it saw its deal value for venture financings increase 107%. As more of the firm’s long-term clients became late-stage companies, and investor interest surged, M&A and IPO activity also ticked up.
“I can qualitatively say it was a banner year for the firm,” managing partner David Young said. “In a normal year, some practices are up and some are down. Last year, everything was up."