Akerman is Florida’s largest law firm with over 600 attorneys and a gross revenue of $324 million. The revenue increase in 2013 was 4 percent, and for 2014 they delivered an increase of 9 percent. Per lawyer, that equates to a revenue of $590,000 and per partner, $640,000. The office in Chicago opened just last…

Industry professionals agree that the positive outcome of Miami’s current residential market will in turn create optimistic beginnings in other areas. Office, hospitality, health care, high education and infrastructure will grow once residential building slows. CEO of Fortune International Edgardo DeFortuna says residential is starting to slow for the better from decreased wage growth. Akerman’s…

With a re-energized  economy, more and more developments are rising throughout Miami. Brickell, Midtown and Hollywood areas are especially seeing newly built condominiums and hotels. Gary Rosen of Becker & Poliakoff states this means more (positive) work for real estate firms, which are currently in high demand. Greenberg Traurig is rapidly working with developers on…

Buildings are getting taller and taller in Miami, and the Federal Aviation Administration is stepping in to place height limits on projects east of Miami International Airport. DBR reports the 1010 shell as it is referred to, allows buildings to be as tall as 1,010 feet above sea level. According to Dade county’s chief of…

Georg Ketelhohn of Siegfried Rivera Hyman Lerner De La Torre Mars & Sobel expressed concern in a DBR statement regarding Jay Fant’s House Bill 501. Florida law allows four years for homeowners to file a construction claim in case of structural defects. The pending proposal would decrease the 10 year statute of repose down to…

M2E client Lennar Corp. has the most market value of all U.S. home-builders and is prevalent in 17 states. Near the end of last year November, their net income increased from 164.1 million in 2013 to $245.3 million. Although sales prices and gross margins are rising, CEO Stuart Miller believes the housing market will continue…