Law360 Reveals 10 Largest Real Estate Practice Groups
by Natalie Rodriquez
Full-service firms that gambled on building their real estate practices as competitors cut back in the downturn dominate the top 10 of the Real Estate Law360 100, our ranking of the 100 firms with the most real estate partners globally.
At a time when many firms are struggling to keep up with a boom in real estate work, these firms stand out because they didn’t gut their practices when the market hit choppy waters and instead funneled resources into making the practices attractive to laterals looking for cross-border platforms and additional support.
Real estate is a core part of the history of many of the top 10 firms. Land use “has always been a core strand of the Polsinelli DNA from its very inception” and was fortified with a national real estate finance practice in the early aughts, Dan Flanigan, chairman of the firm’s real estate services group, noted.
The group also has a healthy cross-marketing relationship with Polsinelli’s health care practice that has resulted in the firm’s real estate team lending assistance on seven merger and acquisitions deals over the past year.
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Methodology: Rankings are based on partner headcount data from 300 U.S.-based law firms, including 198 of the largest 200 firms in the country. Data is as of July 1. Partners counted for a practice group in the rankings had to spend at least 75 percent of their time on matters related to that practice. For partners who split their time between two different practice groups, firms were allowed to count those partners as '.5' in each of the two practices.