Posted Aug 10, 2007 11:33 am CDT
Seven lawyers at Holland & Knight have announced they are leaving the firm’s Miami office to start their own boutique firm.
Six of the lawyers are partners, the Daily Business Review reports. The publication says the partner departure is the largest since the firm experienced financial problems several years ago. The firm took several steps to get back on good financial footing, by downsizing, cutting expenses and reconsidering its extensive pro bono work.
“I don’t think money was the driving force for [the six partners leaving] at all,” said partner Jose Sirven, who will replace departing partner Alcides Avila as head of the firm’s banking and finance group.
Other departing partners had expertise in immigration; finance; and international banking, litigation and arbitration.