Buchanan Ingersoll Moves Aventura Office to Fort Lauderdale
The South Florida market has been a hotbed of lateral activity recently for Pennsylvania firms looking to handle real estate and health care work as well as have a potential launching pad into the South American legal market. Cozen O'Connor, Duane Morris and Fox Rothschild have all either opened new offices or expanded in existing locations in the South Florida market in the last year.
Kessler said the market is heating up with new deals and construction projects in the works, a continued influx of investment and people from South America and a resurgence of investment from Europe.
In April, Fox Rothschild opened a Coral Gables, Fla., office near Miami with the hire of two banking attorneys. The firm already had a West Palm Beach location in the state. There are around 25 attorneys between the two offices.
"We realized that Miami is a very distinct market from Palm Beach," Fox Rothschild managing partner Mark Silow said at the time. "A lot of business we have in Palm Beach is Miami-based litigation so it will be helpful to have a presence in Miami."
Silow said at the time that Miami "seems to have fully recovered. Things are really booming down there." He said Fox Rothschild has a growing international practice, so the Latin America component was a plus.
In March, Cozen O'Connor opened in West Palm Beach with a team of partners from Edwards Wildman and Duane Morris grew in the region with additional attorneys from Edwards.