Two of South Florida’s largest law firms are touting new partnerships to help coax new companies to life — and hopefully win new clients in the process.
As cities far from Silicon Valley aim to nurture startup cultures of their own, Am Law 200 firms around the country have been elbowing each other to catch the new companies’ attention. In Miami, Greenberg Traurig is advising and co-sponsoring a “boot camp” for startups that has been active in Europe and is now bringing its work to the U.S.
The program, called Startupbootcamp, bills itself as an accelerator, rather than an incubator, because it seeks to support companies that exist but are in an early stage of development. After establishing programs in Berlin, London and other European cities, Startupbootcamp reached out to Greenberg Traurig corporate partner Jaret Davis when it settled on Miami as its first U.S. location and wanted to find an industry focus.[…]
Just 30 miles north of Miami in Fort Lauderdale, Greenspoon Marder is hoping to play a similar role. The firm is partnering with the South Florida Accelerator to launch an organization that will connect startups with the investors, government agencies and universities whose help can get them off the ground.
“The challenge—and that’s where the South Florida Accelerator group is so important—is to get the ideas [that] are in the design stage, to turn that into a business,” said Greenspoon Marder co-managing partner Gerry Greenspoon.
Greenspoon declined to comment on the Greenberg Traurig program, but, noting that South Florida is trying to move beyond a tourism and real estate-based economy, he said both programs will help improve job prospects in the area.
Greenspoon Marder and Greenberg Traurig are among several firms seeking work for young companies in aspiring startup hubs nationwide. In New York, for example, firms including Latham & Watkins, Perkins Coie and Lowenstein Sandler have been hiring lawyers who can handle transactions for emerging companies that have set their roots there, while Gunderson Dettmer Stough Villeneuve Franklin & Hachigian is advising the nonprofit Tech:NYC, which advocates for technology and internet company-friendly laws in the city.
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