Bloomberg Law
Feb. 23, 2021, 4:32 PM

Wilson Sonsini Cuts Deal with Morgan Stanley on Startup Software

Roy Strom
Roy Strom

Silicon Valley-founded law firm Wilson Sonsini Goodrich & Rosati has signed a deal with Morgan Stanley that will give the investment bank access to proprietary software the firm created that manages startup finances, a rare instance of a major law firm capitalizing on its internal software development.

For Morgan Stanley, the deal is part of a broader push into wealth and asset-management services.

The capitalization management software helps startup companies and their employees track who holds equity in their business and other financial information. Under the deal announced Tuesday, Wilson Sonsini clients will be able to migrate their information to ...

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