Named partner, Ed Yevoli, was recently featured in Attorney At Law Magazine’s Managing Partner viewpoints column.
In the interview, Mr. Yevoli provided his insights into the growth areas within corporate law firms in 2015. The article, entitled Managing Partners on Practice Growth in 2015 can be read in its entirety at the Attorney At Law Magazine website, here.
Text from article:
At PBY&A, we are seeing a substantial increase in international transactions and associated international taxation issues. Both inbound and outbound transfers continue to rise in both frequency and size. While inbound still makes up the majority of our international work, with the dollar strengthening we have started to see an increase in outbound. We expect this trend to continue over the next few years, particularly in Europe and probably Asia. Of course, political and economic conditions in foreign countries always play a role in determining which types of transactions U.S.-based law firms encounter. For example, we are continuing to see substantial numbers of companies and high net worth individuals from Venezuela looking to make investments in the United States and/ or immigrate to the United States.
In planning for the future growth of our law firm, we make hiring decisions based on a variety of factors. Keeping a finger on the pulse of which practices and industry areas are seeing more activity is definitely an important consideration when we look to augment our team. And, like other responsible law firms, we value academics and experience as crucial to making the right hire. But at PBY&A, there is another important prerequisite that potential new lawyers must possess – the appropriate demeanor and attitude. I suppose that this is our X-factor. That is, we look for professionals that exhibit both confidence and humility in their practice. By confidence, I mean comfort in the belief that their experience and knowledge is appropriate and accurate for the specific needs of the client. And by humility, I mean the ability to listen to and take direction from the client even when they may have a different idea or tactic in mind. Our goal is to be knowledgeable and trusted advisors to our clients, and we accomplish this by hiring experienced and smart lawyers who exhibit tact and grace in their professional interactions.
– Edward T. Yevoli, Perlman, Bajandas, Yevoli & Albright, P.L.