Partner Dominick Sekich recently spoke with Avery Martinez at Law Week Colorado about how the pandemic impacted the firm and his own real estate practice, as well as the firm’s Best Law Firm honors.
The article, Best Lawyers: Construction & Real Estate, was published in the November 23 edition of Law Week Colorado. An excerpt from the article is below.
Despite the pandemic and its effects on real estate and construction, work in those practice areas has remained strong. And Colorado attorneys agree on their optimistic outlook for the future of their practice in Colorado and across the country.
While the pandemic has brought its own economic impact, 2020 has looked very different from the economic recession of 2008. Then, matters coming into the office involved a lot of litigation – mostly relating to failed projects, collapsed companies and unpaid situations. In the current downturn, banks are still lending money, developers proceed with new projects and people are offloading real estate and land available for use.
The work that continues to fuel the real estate world have driven growth, rather than retraction within the industry. Dominick Sekich’s real estate practice at Moye White, another U.S. News Best Law Firm designee, stretches over 30 years, and over the past decade has come to focus on industrial real estate. He said his work has grown over the past year. Moye White’s real estate practice has grown through the addition of four attorneys since the start of COVID.
“What we’re seeing in Colorado is a reflection seen in the U.S. generally – with some very bright and differences that create some optimism for Colorado specifically,” Sekich said. For industrial real estate, the past nine months have been marked by an acceleration in trends of real estate and construction seen in the past five to 10 years, Sekich said: an acceleration in new models of distribution of goods and logistics driven by some large players.
In his practice, Sekich was surprised that COVID had not ben more of an interruption. While it’s difficult to know what December might look like, he said he believes the current successes are due to general contractors with decades of experience deploying procedures and processes in delivering client projects.
“I think it really is a testament to the good work the contractors have been putting in,” he said, adding he was amazed by the capability and carefully GC work has been – mitigating employees and risk to project.
Throughout his practice, Sekich said he’s gone through the dot-com bubble, the downturn in 2008, and now the pandemic – but it feels different.
“The downturn feels transitory and impermanent,” Sekich said. The economy of both Colorado and the country has remained strong, and Colorado’s appeal to companies and employees alike will continue.
Read the full article in Law Week Colorado’s November 23 issue.
About Moye White LLP
Moye White LLP is a business law firm serving clients throughout the United States and internationally, with offices in Colorado and Georgia. The firm provides legal representation across a wide variety of transactional and litigation matters, offering strategic, business-oriented counsel to public, private, and governmental clients in complex business and real estate transactions and disputes. As one of the earliest national law firms to achieve B Corp certification, Moye White meets rigorous standards of social and environmental performance, transparency, and accountability. For more information, please visit moyewhite.com or contact Managing Partner Ted White at 303-292-2900 or Ted.White@moyewhite.com.