Real Estate Investment Lawyer, Partner - UK Firm - to £650,000
The real estate practice at this international firm is one of three key sectors. The team had a strong year in an obviously challenging 2020 market and 2021 has started well. The lawyers have played to their strengths, offering clients the full suite of real estate capability and innovative fee structures which have allowed the real estate lawyers to significantly enhance their fee income. One partner, for example, has increased fee income by over 35% in 2020 and the real estate group has a profit margin of over 70%! The platform allows lawyers to capture all aspects of clients’ real estate work with an innovative approach to CRM and business services.
The firm has not hired in real estate for some time but after significant success, the firm is looking to hire an investment-focused real estate partner. Across the firm, there are almost 150 real estate lawyers, and real estate is one of three core sectors. The investment clients have fortunately remained active in 2020 and include real estate funds, REITs, private equity funds, corporates (mainly larger institutional clients), property groups, and long income funds.
The partners in the team are mainly long-term laterals. Some of the real success stories have been partners who have moved from less dedicated real estate firms where they have been unable to offer all of the bells and whistles of a full service real estate sector practice.
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