Brobeck, when your future is at stake.
High profile Internet boom legal firm Brobeck, Phleger & Harrison closes its doors. One of the more visible examples of the knock-on effects of the bust on the service firms. It's also another example of the famous Valley 'edifice complex' curse. The surest way to blow up a company is to get heavily exposed on real estate. In Brobeck's case, they took a 12 year lease on a new building in (East) Palo Alto, just at the peak of the real estate market.