A trend in the movement and influence of top law firms on developing markets shines a spotlight on an interesting strategic move by Nelson Mullins Riley & Scarborough. This South Carolina-based firm, in 2018, combined with Florida-based Broad and Cassel, an initiative providing Nelson Mullins not just with an entry point into the burgeoning Florida market, but a significant leg up by bypassing the need to establish operations from the ground up.
Miami partner John Haley commended the strategic merger that benefited Nelson Mullins in several ways. “By virtue of that combination, Nelson Mullins had connectivity throughout the state immediately, had productive lawyers producing and a profitable day one,” said Haley.
More details about the merger and Nelson Mullins’ strategic expansion into the Florida market are available in the original
Law.com article
. This particular instance forms part of a broader series of articles exploring how top law firms are making their moves into and influencing the developing markets.