Morrison & Foerster was handpicked by Law360 for its California Regional Powerhouses list, alongside just four other firms. The U.S Regional Powerhouses Series honors leading law firms in various states based on their exceptional achievements. This year, Law360 pinpoints MoFo’s work on “multibillion-dollar deals” and its efforts to help “Golden State businesses on the verge of failure because of the pandemic” through its pro bono work co-founding the California Small Enterprise Task Force (CASE Force).
MoFo was recognized for spearheading one of the largest M&A deals of 2020, acting for SoftBank Group in its $40 billion sale of Arm, a UK-headquartered, multinational semiconductor and software design company, to Nvidia. Additionally, Law360 cited MoFo’s work advising Salesforce in its $27.7 billion acquisition of Slack Technologies.
Law360 similarly highlighted MoFo’s pro bono support of small businesses during the pandemic, in particular those missing out on CARES Act loans. In addition to co-founding the CASE Force—a consortium of legal, financial, and nonprofit professionals who connect California small businesses with much-needed resources during the pandemic—MoFo also spearheaded the 2019 launch of the California Rebuilding Fund, a multimillion-dollar public-private partnership that offers low-interest loans to companies with no more than 50 employees and $2.5 million in revenue.
View the list of California Regional Powerhouses winners.