Shutts' open doors

Review Summary
Company. Shutts & Bowen, LLP
Industry. Law
Key. Taking a long-term view has helped Shutts & Bowen stay price competitive during a difficult economic time.

The decision to begin doing business at a new location always involves some risk. In 2006, one of the state's oldest law firms took a risk by opening an office in Tampa.

Now, as Miami-based Shutts & Bowen, LLP celebrates its 100th anniversary, the Tampa operation is looking to double its 20,000 square feet of office space and seen spectacular growth — based mostly on significantly undercutting competitors' prices. That is not the most common refrain for law firms, but it is really working in the downturn.