Over the last several months, several law firm leaders have discussed their outlooks on what the biggest areas of growth will be for their firms following the pandemic, including the practices they are most excited about. Included among these leaders is Bowman Brown, Chairman of Shutts & Bowen’s Executive Committee and Co-Chair of the firm’s Financial Services Practice Group.
According to the Daily Business Review, migration from coastal cities has caused a sustained real estate boom, while the state’s lax COVID-19 regulations have invited tourists from across the country. Businesses, including big tech firms, are also looking to South Florida for its lower cost of living and tax advantages.
Bowman discussed how Shutts’ real estate, hospitality, private equity and intellectual property groups are seeing a rise in work and expect an imminent return to business as usual.
“We’re in one of the best markets in the country,” he said. “The influx of tech companies and hedge funds and private equity outfits and venture capital funds, it’s just astounding, particularly in the South Florida area.”
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About Bowman Brown
Bowman Brown is the Chairman of the Shutts & Bowen Executive Committee and Co-Chair of the Financial Services Industry practice group. His practice focuses on the financial services industry and insurance regulatory matters. Bowman has served as Chairman of The Florida Bank Banking Law & Credit Regulation Committee and as General Counsel and member of the Executive Committee of the Florida International Bankers Association, Inc. Bowman has served two three-year terms as a member of the Association of the Bar of the City of New York Banking Law Committee and as a Trustee of the Pan American Development Foundation, a Washington, D.C.-based affiliate of the Organization of the American States.