Real estate isn’t the only sector on the move in South Florida. Our region’s legal industry is also growing, fueled by the arrival and expansion of large international firms and the steady growth of regional players.
As of this week, Miami is hosting an arbitration stemming from a $1.6 billion dispute involving Panama Canal improvements now underway. Earlier this year, the International Council for Commercial Arbitration (ICCA) held its biennial conference in downtown Miami.
This was ICCA’s first Congress in the US in 26 years. Miami’s selection as the event’s host city was timely. According to the International Centre of Dispute Resolution, arbitration activity in Miami increased by 161% between 2010-2013, with 128 proceedings taking place.
This surge of casework has led some of the world’s largest law firms to open Miami offices, with recent examples including Jones Day and DLA Piper.
Regional law firms are also tapping into the maturation of Miami’s legal landscape. Miami’s Bilzin Sumberg was recently ranked among Law 360’s Florida Regional Powerhouses.
Founded 16 years ago in downtown Miami, the firm is engaged in some of the country’s most complex litigation cases and many of Florida’s largest real estate and development projects, including the ongoing transformation of Miami’s Design District, Skyrise Miami, and Related Group’s 444 Brickell project. Its attorneys are also involved in international matters and cross-border arbitrations taking place in Miami.
While many firms pursue a multi-office strategy, Bilzin Sumberg maintains a single office in downtown Miami’s Brickell Financial District. With its 110 attorneys under one roof, the firm is able to compete with large national law firms for representation and client involvement by approaching each matter with a well-rounded team of attorneys.
You can read more about Bilzin Sumberg here and the Panama Canal arbitration here.
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