DBR 100 logo. South Florida's Popularity Propels Law Firm Headcount Growth in 2022
Overall, just 29 of the firms saw declines in headcount last year. That number was 44 in 2021.
June 27, 2023 at 10:01 AM
4 minute read
Business of Law
What You Need to Know
- Big Law's arrival to South Florida and an appetite for local firms to grow bumped Florida headcounts in 2022.
- A higher number of firms grew last year than did in 2021, bringing growth back to previous levels.
- But as salaries inched higher, headcount growth seems to have come at the expense of some revenue growth.
In 2021, Florida law firms paused their growth slightly as talent wars made hiring tricky, but that seems to have changed last year as Big Law players began showing up to Miami in droves, with their presence driving headcount expansion rates back up to normal levels.
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