As Big Law Rolls into Miami, Locals Ask: Who Will Pay Kirkland's Rates?
The newcomers appear interested in more than just talent, but natives say their success will depend on whether local clients see the added value in their significantly higher fees.
May 20, 2022 at 03:51 PM
6 minute read
If you want to know whether Miami is more than just a talent play for its recent Big Law entrants, look no further than 830 Brickell, a rising office tower in the heart of the city's financial arena.
The 57-story tower is still being built, but it already symbolizes a who's who of companies that are serious about Miami. Microsoft, WeWork and private equity firm Thoma Bravo all lay claim to space in the tower, which is leasing at $100 per square foot—36% higher than the average price in Brickell and 21% higher than the average in Manhattan.
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