In its first full year in business, Olmstead Williams Communications ranked No. 18 out of 20 among the top independent public relations firms in Los Angeles, according to a list published in the March 29, 2010 issue of the Los Angeles Business Journal. OWC, a business-to-business public relations firm, specializes in law firms, financial services and technology. The firm was founded in August of 2008. “We’re proof that a recession is a great time to start a business,” said CEO and founder, Tracy Williams.