Greenberg Traurig LLP issued the following announcement on Feb. 25.
Global law firm Greenberg Traurig, LLP announced the elevation to shareholder of 32 attorneys from 17 offices, practicing in 13 areas of law. The firm, which earlier this year opened its 30th office in the United States and 39th worldwide, also reported a fifth consecutive year of record revenue of more than USD $1.55 Billion, an increase of USD $80 Million over 2017.
“Greenberg Traurig has a robust associate development program that begins preparing our junior attorneys for this moment from very early on. We focus on training, planning, and mentoring to build on the original remarkable skills and smarts our attorneys bring to the table, helping them reach this achievement as quickly and as prepared as possible,” said Greenberg Traurig Co-President and Global Chairman of Professional Development and Integration Bradford D. Kaufman. “We are very proud of this class and look forward to continuing our commitment to these individuals and to watching them pass their experience and know-how forward for years to come.”
“We are very pleased that our 2019 class is comprised of 44 percent women and 28 percent minorities, meaning that women, ethnic minorities, and LGBTQ+ attorneys make up 50 percent of our attorneys elevated to shareholder,” said Greenberg Traurig CEO Brian L. Duffy. “Our commitment to diversity is part of our core values and the result of that commitment will be part of our legacy, therefore the continued inclusion of diverse attorneys in the next generation of firm leadership is a key component of our global approach to meeting and exceeding client expectations on a global scale.”
“The firm is proud of its 2019 class and of the gains we made in 2018. Our clients’ trust in us allowed us to see our fifth consecutive annual revenue increase, this year running $80 million above last year throughout our firm. For example, in Europe, where we were barely competing less than 10 years ago, our four offices had another superb year, while our Asian and Israel strategies continue to be uniquely productive. This is a great and positive platform and history for our new shareholders,” said Greenberg Traurig Executive Chairman Richard A. Rosenbaum.
“It’s important that we remember we were founded when three visionary attorneys saw an opportunity to address a lack of tolerance in the market and built a different kind of law firm focused on collaboration and excellence. These and other key core attributes of the firm, including our emphasis on value and innovation, thrive today, more than 50 years later, and they do so through these attorneys and those who choose to grow their careers here,” Rosenbaum added. “We are very proud of our new shareholders. Keeping these values and growing leaders who are robust in their participation in our global strategy to focus on areas of practice key to today’s client – knowing that clients, and the profession, should never and will never again accept ‘business as usual’ – is critical to our future.”
Original source can be found here.