McDermott Will & Emery offices in Washington, D.C. March 13, 2019. (Photo: Diego M. Radzinschi/ALM)DLA Piper Cross-Border Tax Group Jumps to McDermott in Miami
Like many other Big Law firms, McDermott sees the hires as instrumental to capturing more Latin American business and clients.
April 07, 2020 at 12:43 PM
3 minute read
Four DLA Piper tax attorneys have decamped to McDermott Will & Emery, where they will work in the firm's Miami office.
The group includes three partners—Mike Silva, Greg Weigand and Arianne Plasencia—and one of counsel, Ryan Coyle. All four will work within the firm's tax and private client practice, which advises high-net-worth individuals and families on tax planning and investments.
Jane Wells May, global head of McDermott's tax practice, said that the pickups will help serve the firm's Latin American clients looking to invest in the United States.
"Our clients seek counsel bridging U.S. and Latin American opportunities. This team's arrival significantly enriches our growing focus in this area—particularly in the Miami market, a gateway for U.S.-LatAm business," Wells May said in a release.
McDermott is far from the first Big Law firm to capitalize on Miami's international status. Baker McKenzie has been slowly building up its Miami office for months now, which it has pitched as a "hub" between the verein's domestic offices and the hundreds of attorneys it employs in Latin America. Morrison & Foerster set up in Miami last year to help serve its client Softbank, which has already invested millions in the region since.
The move also provides support to a practice that has seen much growth. Florida's lack of a state income tax has proven enticing to high-net-worth individuals who face higher tax bills due to the tax law passed by Congress in 2017. High-profile wealthy individuals, such as billionaire investor Carl Icahn and even President Donald Trump, have since relocated to tax-friendly South Florida.
With the tax change and a growing client base, even attorneys are making the move: McDermott private client partner Melissa Price recently relocated from the firm's New York office to Miami due to increasing client demand.
All four former DLA attorneys have experience in cross-border matters, and all specialize in advising clients on the various U.S. tax and investment structures. Silva in particular has several clients from Brazil and Asia who he advises on U.S. real estate investment opportunities, according to the firm's release.
DLA Piper did not immediately respond to a request for comment on the departures.
|Read More
It's Not Just Trump: Rich Northerners are Moving Their Billions (and Legal Work) to South Florida
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Morgan & Morgan Looks to Grow Into Complex Litigation While Still Keeping its Billboards Up
6 minute read
Lost in the Legal Maze: How State Regulations Are Hindering Hemp Operators' Success
7 minute read
From ‘Deep Sadness’ to Little Concern, Gaetz’s Nomination Draws Sharp Reaction From Lawyers
7 minute readLaw Firms Mentioned
Trending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
