In the course of a decade, Greenberg Traurig has had the kind of growth usually reserved for businesses that sell oil or iPods. Revenues are up by more than 880 percent from 1996, and in 2006 they topped the billion-dollar mark. Profits per partner have soared from $480,000 to $1.2 million. The firm has opened 22 offices and added more than 1,400 attorneys. And it expects revenue to rise another 18-20 percent in 2007.
After years as a midmarket Florida player, Greenberg has amassed a national client list that includes Lowe’s Companies, Inc., The Related Companies, LP, and Alcoa Inc. Its real estate, entertainment, and litigation practices are humming. And it has snagged roles in high-profile transactions, such as representing MetLife, Inc., in its $5.4 billion sale of New York’s Stuyvesant Town and Peter Cooper Village, the biggest deal ever for a single piece of American property.
