Partner Robert Barton, a member of Holland & Knight's Private Wealth Services Group, participated in a Los Angeles Business Journal roundtable discussion about the status of the law sector in Los Angeles. Mr. Barton and five other lawyers answered questions about the biggest changes in law practice throughout the past five years, growing practice areas, new and pending laws, trends they're watching and how firms are adjusting to the city's rapidly changing business landscape.
"The transfer of wealth from the baby boomer generation has resulted in a surge in work for estate planners, as well as trust and estate litigators. And both large and mid-size firms that practice in these areas continue to grow and thrive," Mr. Barton said when asked about growing practice areas. "Data privacy and security issues continue to generate a significant amount of interest from clients. In addition, with a tight housing market and need for additional housing throughout California against a strict regulatory structure, work in the environmental and land-use areas continues to be in high demand."
READ: Guiding Lights: 2020 Law Firms Special Report Roundtable