Sidley Austin is quietly moving partners to Miami and hiring locally from Am Law 100 firms.
While the firm hasn’t yet announced a Miami office, its recent hiring efforts suggest a strong interest in launching there. Sidley would be the second Am Law 100 firm to establish a presence in the Magic City this year, following King & Spalding’s January office launch.
In April, Sidley brought in Akerman commercial litigation partners Lawrence Silverman and Dianne “Dee Dee” Fisher, as well as Weil, Gotshal & Manges real estate partner Beatriz Azcuy. The partners, who already worked in town, are listed as Miami lawyers on Sidley’s website. Silverman’s Florida Bar profile also points to a Sidley address at a co-working space on Brickell Avenue in Downtown Miami.
The firm has also updated the office status of two New York-based partners, global finance partner Sheetal Khera and SEC regulatory enforcement partner Kate Lashley. The partners’ biographies now indicate that they also work in Miami, adding that neither lawyer is barred yet in Florida.
Florida Bar records indicate Sidley has four other non-Florida attorneys who are barred in Florida, including three Washington, D.C.-based regulatory lawyers and a senior managing associate in Dallas practicing intellectual property.
That means that unlike King & Spalding, a Southeastern law firm that had 50 lawyers barred in Florida when it relocated 37 to its new Miami office, Sidley has fewer options to relocate attorneys who can begin practicing upon arrival.
Sidley declined to comment for this report.
Sidley is the seventh-largest law firm in the country by gross revenue, earning $2.7 billion last year, and the fourth-largest by revenue with an office in Miami, following DLA Piper, Baker McKenzie, and White & Case. With Sidley’s arrival, nine firms in the Am Law 20 have Miami locations.
Big firms and Am Law 200 partners are gravitating toward Miami for a number of reasons, chief among them are lower taxes and the migration of technology and finance clients.