Greenberg Traurig profits pushed up by strong LatAm, Private Equity Performances

Strong growth in revenue and profit was reported by Greenberg Traurig, which attributed the same to private equity, real estate and cross-border practices in 2018. At $1.6 billion, revenue for the fiscal year showed an increase of 5.4 percent.

CEO of Greenberg Traurig Brian Duffy said that the firm’s private equity, real estate and cross-border practices had stellar years and that the firm’s Mexico City office had its best year to date. Duffy said that the firm’s European and Asian offices too had a good year. The firm has nine international offices.

“In Europe, where we were barely competing less than 10 years ago, our four offices had another superb year, realizing a collective revenue increase in excess of 60 percent over the past 3 years, while our Asian and Israel strategies continue to be uniquely productive,” said Greenberg Executive Chairman Richard Rosenbaum.

The total head count of Greenberg increased by 18, going from 1,944 lawyers to 1,962. The firm’s equity partners, too, rose from 298 to 308, a 3.4 percent increase.