By Mike Ratliff, Senior Associate Editor
We are once again pleased to share our views on the most powerful real estate law practices in the nation. These are the crème de la crème, which represented the world’s best-known real estate and financial institutions in the most noteworthy and complex transactions over the past year. A major trend of the current development cycle is the complexity that comes with joint ventures and mixed-use projects. While it is certainly what the market is demanding, crafting deals with numerous parcels and parties involved is no easy task. The intricate nature of today’s real estate transactions is a driving factor in the increased number of attorneys in these real estate practices.
An examination of the work represented here yields a telling cross section of what is going on at this point in the cycle. Apartment development and portfolio acquisitions still comprise a big portion of the deal flow. Massive tech office leases continue to be inked. The size and complexity of loan portfolio sales increases each year. One thing is certain: There is no shortage of billable hours for a talented real estate attorney.
The MHN-CPE Leading Law Firms Survey was sent out to firms with substantial experience in commercial real estate. Firms were asked to provide information on their practice areas, experience of real estate associates, offices, revenues, employees, tenure of real estate staff and a bit about their recent work. All of these factors were weighed into a ranking calculator. The ranking represents what we feel is a logical balance between growth and market share.
To be included in upcoming surveys, contact Suzann Silverman at [email protected].