Goodwin took a major step forward the city in January 2023, launching a ready-made office in the city via that large group acquisition. After a smattering of private equity hires in Philadelphia in 2022, sought to bring on a larger group of attorneys to launch a formal office in January. According to Goodwin’s website, the firm’s Philadelphia office is now home to 30 attorneys spread across life sciences, private equity, and white collar work. Chris Wilson, co-chair of the Healthcare practice, said to Law.com in an earlier interview that the risk of betting on private capital work would be balanced out by the long-term nature of health care work. “There’s a lot of talk about what’s happening in the markets that might make you think this is a risky move, but we think about this differently,” Wilson said in January. “What may be a short- term economic slowdown isn’t going to change the attitude we have for strong commitment to health care. It’s the fastest growing industry in the world.”