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Miami Biglaw - Tax

Post by Anonymous User » Tue Nov 19, 2019 6:23 pm

How marketable is tax for in-house positions in Miami compared to general corporate? Any anecdotal evidence for someone deciding between the two?

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nealric

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Re: Miami Biglaw - Tax

Post by nealric » Wed Nov 20, 2019 10:32 am

Anonymous User wrote:How marketable is tax for in-house positions in Miami compared to general corporate? Any anecdotal evidence for someone deciding between the two?
I can't claim to be super familiar with the Miami market, but my impression is that biglaw tax there tends to focus on real estate and high net worth individuals. Biglaw tax there is a very small universe- a few dozen people tops.

Speaking more generally to in-house tax. I am an in-house tax attorney. In some ways it's both easier and harder to go in-house. It's easier in the sense that the universe of potential candidates is much smaller, and open positions do not get tons of qualified applicants. The last time my company hired a tax attorney, we only received 3 applications that were even in the ballpark, so there's a lot less competition for a given position. On the other hand, the number of open positions tends to be a lot less, especially in a place like Miami where there will not be a lot of F500 headquarters. Once you get smaller than the F500, most companies make do without in-house tax counsel, and most in-house tax roles are in headquarter offices. If you are able to get some decent international experience (should be doable in Miami), you can probably find an in-house tax role somewhere, but it will likely be much more difficult if you are limiting yourself to Miami.

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