Prominent Steel Hector & Davis equity partner Raul Valdes-Fauli and his team of three international lawyers and four staffers are moving to the small Coral Gables, Fla., office of New Orleans-based admiralty firm Fowler Rodriguez & Chalos.
Steel Hector partners Valdes-Fauli and Juan E. Serralles and associates Nathan Kutt and Jorge Salcedo are the latest in a string of lawyers to leave the venerable but troubled Miami firm in the last year. More departures are expected as Steel Hector finalizes merger talks with the Cleveland-based Squire, Sanders & Dempsey and offers are made to Steel Hector employees.
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