Miami is expected to bring nearly 23,000 new apartments and condos this year, which is double what was delivered annually in each of the past three years. According to board-certified construction lawyer Jordan Nadel with Miami-based law firm Mark Migdal & Hayden, between 2021 and 2022, only 2.5% more construction employees were hired.

With the average multifamily project taking an average of one to three years to deliver, the number of employees should have increased by 50%. An increase in projects equals 50% more human error, which means more lawsuits. 

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]