In a noteworthy pivot, Morrison & Foerster, ranked 38th in the Am Law 100 with a 2023 gross revenue of $1.343 billion, has announced significant changes to its Miami office structure. As the firm’s lease expires at the end of this year, they plan to transition to a more “flexible office space model” rather than shuttering the office entirely. This represents a strategic move to align with their evolving space requirements and continue providing optimal service to clients in South Florida, Latin America, and beyond.
Contrary to the traditional office setup that characterizes MoFo’s other locations, the firm’s Miami attorneys, totaling thirteen in number, will adopt a new and as-yet unspecified model. As referenced on Reuters, a spokesperson for the firm stated, “This shift will better align with our current office space needs and enable us to continue delivering excellent service to our clients in South Florida, Latin America, and beyond.” Further specifics on the flexible office model remain undisclosed at this time.
The move prompts speculation about what this flexible arrangement might entail. Possibilities include a virtual office setup akin to Husch Blackwell’s Link, adoption of a co-working environment reminiscent of WeWork, or perhaps a hoteling system where attorneys share office space dynamically. The details of how Morrison & Foerster will implement this new system in Miami are yet to be revealed, leaving the legal community to watch closely for further developments.
Law firm Morrison & Foerster to exit Miami office for ‘flexible’ alternative [Reuters]