Magazine Selects McNair Number One in top ten List for Economic Development

In the 2009 winter issue of the Southern Business & Development, the magazine chose McNair Law Firm PA as the first out of the ten law firms from the South that focus on providing its clients with the finest locations, identifying the best tax structures as well as increasing incentives.

According to the magazine, the firm, with its eight branches in South Carolina and an office in North Carolina, proves to be significant to the economic advancement process in South Carolina. Formed in 1971 by the United States’ first governor who pursued foreign investment in economic and industrial enhancement, the McNair Law Firm delivers a unique set of expertise to assist businesses in achieving success.

The firm’s lawyers are said to be knowledgeable in both technical and complex fields of economic development incentives; from state-based conglomerate income tax credits, like the Job Tax Credit, to county-based Fee in Lieu of Property tax settlements.

McNair, said Southern Business & Development, knows the corporate and political issues concerned in forming effectual development incentives. The firm is also an expert in assisting all parties involved in attaining their goals. Its active presence at the local, county and state levels of community and government leadership shows that it is among the compelling factors for its achievements in the field of economic development.

Furthermore, about a quarter of the firm’s hundred-plus lawyers are constantly engaged in economic development matters, which are backed by fellows in practice areas. These include real estate, tax, public affairs, governmental relations, immigration, employment, finance, general corporate law, and environmental. Such a team of lawyers frequently represents huge business that aim to transfer or expand its operations in South Carolina. In fact, worldwide companies, which represent over 20 nations, have earned from the services McNair is offering in enhancing their businesses.