Wake Up Call: Rocket Lawyer Gets $223 Million Investment

In today’s column, Paul Hastings had 14.2% profit growth in a pandemic year by focusing on top clients; Hogan Lovells signed a lease for a new Silicon Valley office; a former Morrison & Foerster office operations manager pleaded guilty to hundreds of thousands of dollars of fraud with the law firm’s credit card.

• San Francisco-based legal tech startup Rocket Lawyer raised $223 million from an investor group led by Vista Credit Partners, a branch of private equity firm Vista Equity Partners. Rocket’s founder and CEO Charley Moore said “The pandemic amplified and accelerated demand for our cloud-based digital legal solutions.” ...