Of course, Paul Hastings is not the only business that has faced data center sprawl.
But now advances in infrastructure technology are helping businesses such as Paul Hastings to streamline their technology.
Bruce Wexler, a lawyer with Paul Hastings, said the decision should be comforting to the biotech industry.
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Paul Hastings LLP is serving as U.S. counsel for Urbi, a spokeswoman confirmed.
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The situation poses a quandary for regulators and lawmakers, though, said Michael Zuppone, who chairs Paul Hastings's capital-markets practice.
Paul Hastings turned to Riverbed, a San Francisco firm that develops technology to help keep businesses better connected.
Debtwire had earlier reported that Urbi was working with Paul Hastings.
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"If you are operating in this industry, you have to recognize it is regulated, " says Chris Daniel, a lawyer specializing in payments at Paul Hastings LLP, an Atlanta firm.
Peter Burke, a partner in the finance and restructuring group at Paul Hastings, says banks are being a lot more selective in the kind of companies they are choosing to refinance.
Burke of Paul Hastings said an improvement in Europe is still the best outcome for U.S. banks because it is a better opportunity for everyone as capital market activity will pick up.
"The industry is happy about this guidance even if it imposes a regulatory burden because it is an indicator of respectability, " says Behnam Dayanim, a lawyer at Paul Hastings LLP in Washington.
In the case study for Riverbed, Tate expressed relief that the staff at Paul Hastings has not had to slow down its work since the law firm began making the switch in technology.
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