Florida Becoming Fashionable for Pennsylvania FirmsJanuary 20, 2011 – In The News
Fox Rothschild started off in West Palm Beach, Fla., in 2005, and has since grown the number of attorneys and various practice areas offered. The West Palm Beach office isn’t done growing either. “Wherever there’s dislocation, there’s always opportunity, and south Florida has seen a tremendous amount of dislocation over the last few years,” said Mark Silow. A number of Florida-based firms experienced financial troubles during the recession, which enabled Fox Rothschild to pick up partners from those firms, he said.
Silow also noted that Florida is a large market in terms of population, the number of clients and the number of attorneys, but even the largest clients are sensitive to rates and firm size. It has a middle-market mentality and that may be why Fox Rothschild has succeeded in that market, Silow said.