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June 19, 2001 |

Urge to Merge

When the economy was booming and business was good, law firm mergers took a back seat to billing hours. But as the economy slows, many firms have realize that to remain viable they are going to need new partners. Some firms choose to grow by cherry-picking a few good lawyers. Others focus on bringing entire groups into the fold, says Herbert Hertner, a Miami-based legal recruiter.
7 minute read
October 24, 2001 |

Preparing for the Worst

About a week after the Sept. 11 terrorist attacks, Miami attorney John Sumberg called the head of his firm's tax and estate planning department. "I need to update my will," Sumberg told him. Sumberg is not alone. South Florida estate planning lawyers, insurance brokers and financial planners report being inundated with calls from people who are making sure their families will be provided for if they aren't around.
5 minute read
January 04, 2001 |

Bulking Up

For lawyers who have enjoyed a booming economy during the past few years immersed in public offerings, mergers and acquisitions, the slowing economy does not necessarily mean less business for their firms. Many are gearing up for an anticipated bankruptcy boom and the court fights that often follow when a company begins to crumble.
4 minute read
January 24, 2001 |

Middleware and the Net's Next Standards

The academic community, which fostered the original Internet, is at it again with the creation of Internet2. Internet2 has solved the issue of Web guidelines and standards by employing what it refers to as "middleware." Middleware standardizes the way in which transmissions are secured, high-speed traffic is maintained or accelerated, and security provides protection against hackers and viruses.
5 minute read
August 13, 2001 |

Out-of-State Managing Partner Possibility for Holland & Knight

When Bill McBride resigned as managing partner of Tampa, Fla.-based Holland & Knight to run for governor of Florida, the firm faced the unprecedented possibility that the legal giant could be run by a chief executive from outside Florida. The firm's stated intention to continue expanding domestically and internationally indicates an increasing probability that its center of gravity and management control will shift out of Florida.
4 minute read
April 10, 2002 |

Meaningful Mentoring

A study by the University of Miami School of Law found that many black lawyers trained in South Florida ended up leaving and practicing in urban areas perceived as more open to blacks, such as Atlanta and Washington, D.C. But the school's revitalized mentoring program aims to remedy that situation by pairing students with seasoned attorneys who can give them the kind of guidance that can't be learned in class.
6 minute read
February 13, 2002 |

Rough Road for Former Enron Employees

Former Enron employees are unlikely to recover much, if anything, of what they lost when the company's stock collapsed last year. That assessment comes from bankruptcy lawyers who say that the federal bankruptcy code considers the thousands of fired workers with Enron stock in their 401(k) accounts to be unsecured creditors. As such, they are low on the list of who gets paid.
5 minute read
June 27, 2002 |

South Florida Climate Good for Law

When associate pay was skyrocketing and several South Florida firms made bids to become national players, some predicted the big spenders would be hit hard when the economy slowed. While some of those predictions have come true, growth has remained robust at many firms, with the recessionary hammer hitting hardest those who -- like Holland & Knight -- aggressively expanded and worked in practice areas most vulnerable to economic conditions.
7 minute read
October 17, 2000 |

Miami Area Law Firms Step Up Minority Recruitment

Smarting from a well-publicized survey by the Black Lawyers Association showing that Miami law firms are short on black partners, and under fire to become more diverse, Miami area law firms have stepped up efforts to hire minority first-year associates. But while some firms say they have difficulty attracting African Americans, first-year associates aren't so sure.
4 minute read
March 16, 2001 |

Narrower Is Better

In the past, making partner at a top firm required big courtroom victories, booking new business and being a jack-of-all-trades. Those things still help, of course. But today, lawyers who never go to court, are not great rainmakers and are anything but versatile are breaking into the partner ranks. That's because they offer something just as valuable to law firms -- expertise.
5 minute read

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