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Alexander Lugo

Alexander Lugo

Alexander Lugo is a business of law reporter based in Miami who is focused on covering law firms in South Florida.

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March 13, 2024 | Daily Business Review

Midsize Law Firms Are Testing Different AI Approaches to Compete With Big Law

Law firms are mostly quiet on their experiments with generative AI. But some midsize firms see the technology as an opportunity to get ahead of the competition by testing different vendors or creating their own AI programs.

By Alexander Lugo

4 minute read

March 12, 2024 | Daily Business Review

Florida's Legislature Tweaks Affordable Housing Law After Pushback, Helping Developers Feel More Secure

"I can tell you personally I'm already receiving numerous calls by clients and prospective clients that are wanting to move forward with development options," said Berger Singerman partner Javier Vazquez.

By Alexander Lugo

4 minute read

March 08, 2024 | Daily Business Review

Law Firms Have Been Giving Clients Discounts, But Those Reduced Rates Might Be Swelling Faster Than Standard Rates

Because of the large gap between standard and agreed rates, some firms have been able to raise rates for clients quietly. Now, there's seemingly pushback.

By Alexander Lugo

5 minute read

March 08, 2024 | Pro Mid Market

Mid-Market Roundup: Mid-Atlantic Firms Look Beyond Home State, Trial Boutique Nets Federal Prosecutors

From regional to national expansion, midsize firms in the mid-Atlantic region are growing their footprints. Meanwhile, trial boutique MoloLamken hires a federal prosecutor attracted to the adaptiveness of mid-market firms.

By ALM Regional Managing Editors

5 minute read

March 05, 2024 | The American Lawyer

FisherBroyles Spinoff Pierson Ferdinand Adds 25 New Partners in Second Month of Existence

The hires, including 16 attorneys from FisherBroyles, bring the head count at the new firm into alignment with the 130 "commitments" touted by co-chairman Michael Pierson and Joel Ferdinand at the time of launch.

By Alexander Lugo

2 minute read

March 04, 2024 | Daily Business Review

Florida's 3 Biggest Firms Lean Into Real Estate Hires, at Home and Beyond

Greenberg Traurig, Holland & Knight and Akerman have all made multiple additions thus far in 2024. "It's insatiable," one local recruiter said of the demand for practitioners.

By Alexander Lugo

4 minute read

March 01, 2024 | Daily Business Review

Ex-Foley & Lardner Adviser Alleged of Being Cuban Spy Signals Guilty Plea in Court

Victor Manuel Rocha, a former U.S. diplomat and adviser in Foley & Lardner's Miami office, indicated he's pleading guilty to two counts of conspiring to act as an agent of a foreign government after his arrest in December.

By Alexander Lugo

2 minute read

February 29, 2024 | Daily Business Review

Greenberg Traurig Sees 6% Growth in Revenue Amid Nonequity Tier Expansion

The moderate growth came after two years of faster pace in revenue growth, but CEO Brian Duffy says it's only a slowdown because 2021 and 2022 were such extraordinary years for the firm.

By Alexander Lugo

5 minute read

February 28, 2024 | Daily Business Review

Fla. Records Show Big Law Rates Rising as High as 36% in Recent Years, With Labor and Employment at the Top

Receipts from the Central Florida Tourism Oversight District show that labor and employment attorneys raised rates dramatically while increases in other practices were more muted. Firms billing the entity include FordHarrison, BakerHostelter and Greenberg Traurig. 

By Alexander Lugo

4 minute read

February 28, 2024 | Daily Business Review

Greenspoon Marder's Revenue Growth Slowed, Profits Dropped As Headcount Grew During a Slow Year

The Fort Lauderdale-based firm saw revenue increase for the fourth straight year, but the 1.7% bump was far less than 2022's 16% surge.

By Alexander Lugo

5 minute read