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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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November 30, 2023 | Daily Business Review

Bankruptcy Filings Ticked Upward This Year, and Lawyers Are Expecting a Busy 2024

"The trend in restructuring is that the lawyers are getting much more creative in what options to use to actually restructure businesses, more so than they ever have," said Joe Pack, founding partner of Pack Law.

By Alexander Lugo

4 minute read

November 22, 2023 | Daily Business Review

Slower Collections Hamper Revenue Growth In Fla. Law Firms As Year End Approaches

"They've done the work creating the value. Now they have to collect it, and that's what's going to drive that revenue figure up," said Owen Burman, a senior consultant at Wells Fargo.

By Alexander Lugo

3 minute read

November 21, 2023 | Daily Business Review

Holland & Knight Hit With Lawsuit Over Allegedly Unpaid Fees to NY Recruiter

MacKay & Agents contends that it is owed more than $73,000 connected to the firm's hire of a White & Case associate for its Miami office.

By Alexander Lugo

3 minute read

November 21, 2023 | Daily Business Review

Before The Bust, Miami's Crypto Boom Attracted Many. Now It's Luring Prosecutors

"We're seeing more enforcement and civil cases pop up in Florida involving financial services, especially in the crypto space," said Mark Kornfeld, a shareholder at Buchanan Ingersoll & Rooney.

By Alexander Lugo

3 minute read

November 17, 2023 | Daily Business Review

Latin American Family Offices Look Northward, Fueling Demand for Private Wealth Expertise in South Florida

"There's a small group, but there's a good group of qualified individuals in Miami to advise international clients, and I generally know all of them," said Holland & Knight partner Stewart Kasner. "We're all so busy. We don't really feel like we compete with each other."

By Alexander Lugo

4 minute read

November 10, 2023 | National Law Journal

Kirkland & Ellis Faces Racial Discrimination Lawsuit in DC From Former IT Employee

Tyrone Gibson, the former IT employee, worked at Kirkland's Washington office for over four years before the firm fired him in April. His suit claims the firm turned a blind eye on a racist comment directed at Gibson along with other instances of harassment shortly after the initial comment then fired him when he officially reported the incident.

By Alexander Lugo

3 minute read

November 10, 2023 | Daily Business Review

Labor and Employment Lawyers Brace For a Possible Federal Ban on Non-Compete Agreements

"It's a fair question to ask, in five or 10 years from now, to what extent will non-compete agreements be common or even permissible in the U.S.," said Reed Smith partner Mark Goldstein.

By Alexander Lugo

5 minute read

November 08, 2023 | Daily Business Review

Regulations in Latin America Are Tightening, But Deals Are Still Flowing to and from the Region

Although the patchwork of changing laws in the region is eliciting concerns and some countries are even seeing increased interest from the U.S. Office of Foreign Assets Control, lawyers are finding opportunities from capital entering and exiting the U.S.

By Alexander Lugo

5 minute read

November 07, 2023 | Daily Business Review

Miami's First International Arbitration Week to Showcase its Arrival as a Top-Tier Destination for Global Disputes

"Miami is no longer a pretender; Miami is a player," said Richard Lorenzo, Hogan Lovells's regional managing partner for the Americas and current chair of the Miami International Arbitration Society. .

By Alexander Lugo

3 minute read

November 07, 2023 | Pro Mid Market

'There's More Trust in the Market': Inside the Rise of Law Firm Spinoffs

"People want to control their own destiny," one spinoff leader said. "And the number of successful spinoffs makes it easier… there is more trust in the market. Corporate America is more meritorious these days. They are looking for the best."

By Jessie Yount | Alexander Lugo

8 minute read