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Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Mon Sep 27, 2021 10:06 am
by AntipodeanPhil
https://abovethelaw.com/2021/09/top-20- ... -new-york/
With rumors of other large law firms moving into Miami (e.g., Kirkland & Ellis), I wonder if this will help lead all the larger firms in Miami to move to the New York market. Historically, only a few NY-based firms with smaller offices in Miami paid NY market in Miami, now both Greenberg Traurig and Holland & Knight both do.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Mon Sep 27, 2021 11:47 am
by Rule23andMe
Nice
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Mon Sep 27, 2021 8:57 pm
by Sackboy
Source on rumors of K&E Miami?
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 2:45 pm
by Anonymous User
What about other GT offices in FL?
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 2:53 pm
by 2013
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
VERY interested in this as well.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 3:02 pm
by Anonymous User
This would be a big shift in the Miami market (though I think we're heading there anyways). I imagine this would lead to other similar players moving in if K&E does and I know plenty of star NY associates that are dying to flock to Miami.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 4:23 pm
by k_moreno
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
Honestly at this point there's no city that would surprise me for them. How do they not have offices in San Antonio and El Paso yet?
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 5:10 pm
by BigLawBigTX175
k_moreno wrote: ↑Tue Sep 28, 2021 4:23 pm
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
Honestly at this point there's no city that would surprise me for them. How do they not have offices in San Antonio and El Paso yet?
If they, or any other market firm, opened up in Indianapolis, I'd be there in a heartbeat. Praying for the day.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 7:10 pm
by Ultramar vistas
k_moreno wrote: ↑Tue Sep 28, 2021 4:23 pm
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
Honestly at this point there's no city that would surprise me for them. How do they not have offices in San Antonio and El Paso yet?
Because neither of those cities have large pools of associates who are doing high-ish quality corporate work but are not being paid market rates, and are thus highly poachable.
Working out K&E’s office growth model is not difficult. Would think that Miami, Denver and Seattle are all probably high on the list.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 7:50 pm
by AntipodeanPhil
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
My information is second hand, from a partner at a biglaw firm in Miami who does corporate/PE work. From what I understand, (1) the rumor started around the time Thoma Bravo announced plans to open an office in Miami, (2) many/most of the firm's corporate associates in Miami have been contacted since then about their interest in lateralling to K&E, and (3) there was apparently some information to suggest that K&E had been looking at real estate in Miami. For the second point, the partner seemed to think that someone had been contacting associates on behalf of K&E specifically, and it had been a particular problem for the firm in Miami.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Tue Sep 28, 2021 7:53 pm
by Sackboy
AntipodeanPhil wrote: ↑Tue Sep 28, 2021 7:50 pm
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
My information is second hand, from a partner at a biglaw firm in Miami who does corporate/PE work. From what I understand, (1) the rumor started around the time Thoma Bravo announced plans to open an office in Miami, (2) many/most of the firm's corporate associates in Miami have been contacted since then about their interest in lateralling to K&E, and (3) there was apparently some information to suggest that K&E had been looking at real estate in Miami. For the second point, the partner seemed to think that someone had been contacting associates on behalf of K&E specifically, and it had been a particular problem for the firm in Miami.
This is quite the bread crumb trail. Was unaware that Thoma Bravo had an office in Miami. That's pretty big in terms of justifying KE's move down there.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 12:16 am
by DukeMountain
Anonymous User wrote: ↑Tue Sep 28, 2021 3:02 pm
This would be a big shift in the Miami market (though I think we're heading there anyways). I imagine this would lead to other similar players moving in if K&E does and
I know plenty of star NY associates that are dying to flock to Miami.
Love the bolded
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 12:56 am
by Sackboy
DukeMountain wrote: ↑Wed Sep 29, 2021 12:16 am
Anonymous User wrote: ↑Tue Sep 28, 2021 3:02 pm
This would be a big shift in the Miami market (though I think we're heading there anyways). I imagine this would lead to other similar players moving in if K&E does and
I know plenty of star NY associates that are dying to flock to Miami.
Love the bolded
Glad to hear awful NY personalities will spread to not just FL retirees but also associates. Of all the great things I gained out of lateraling, the best was going to a Vault firm with a small NY office.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 8:17 am
by Anonymous User
k_moreno wrote: ↑Tue Sep 28, 2021 4:23 pm
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
Honestly at this point there's no city that would surprise me for them. How do they not have offices in San Antonio and El Paso yet?
Kirkland has been adding offices fast compared to its peers, but not THAT fast. In the last 5 or so years, it’s made a big Texas play (Houston, Dallas, now Austin) plus Boston and Salt Lake City. That’s it for new domestic offices. And KE has offices located only in the usual suspects otherwise - SF, LA, Chi, DC, NY.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 9:45 am
by k_moreno
Anonymous User wrote: ↑Wed Sep 29, 2021 8:17 am
k_moreno wrote: ↑Tue Sep 28, 2021 4:23 pm
Sackboy wrote: ↑Mon Sep 27, 2021 8:57 pm
Source on rumors of K&E Miami?
Honestly at this point there's no city that would surprise me for them. How do they not have offices in San Antonio and El Paso yet?
Kirkland has been adding offices fast compared to its peers, but not THAT fast. In the last 5 or so years, it’s made a big Texas play (Houston, Dallas, now Austin) plus Boston and Salt Lake City. That’s it for new domestic offices. And KE has offices located only in the usual suspects otherwise - SF, LA, Chi, DC, NY.
Now, guys, they already have three offices in Texas -- 1/3 of their US offices are there. K&E is a Texas firm. El Paso might not be a hot legal market, but on the other hand they might want better coverage of west Texas. And San Antonio has a river walk.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 10:01 am
by 2013
Shouldn’t Kirkland go to Charlotte, Raleigh, Nashville, Atlanta, Philadelphia and Pittsburgh too at this point? Shore up all the talent in every midsize and large market.
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 10:06 am
by Anonymous User
So Greenberg, Holland, and White & Case are all at full NY scale now? What about some of the other bigger Miami players like Akerman and Bilzin?
Re: Greenberg Traurig Moves to the Davis Polk Scale in Miami
Posted: Wed Sep 29, 2021 11:21 pm
by Anonymous User
Anonymous User wrote: ↑Tue Sep 28, 2021 2:45 pm
What about other GT offices in FL?
Not sure about GT but I believe Holland is market everywhere now