Florida’s Department of Economic Opportunity (DEO) has approved the international law firm Kaye Scholer for a Qualified Target Industry Tax Refund (QTI), a performance-based incentive that is paid after a company fulfills job creation requirements, for the establishment of a new operations center in Tallahassee.
Kaye Scholer is expected to make a capital investment of at least $600,000 in addition to the promise of creating more than 100 new high-skill jobs with an average annual wage of more than $50,000.
Tallahassee was selected following a multi-state search and evaluation due to its highly-skilled workforce, proximity to state government and major universities, reasonably priced office space, and quality of life factors for employees.
“This project demonstrates that Florida’s perfect business climate is a major reason why companies are choosing our state,” said Secretary of Commerce Gray Swoope, who serves as president & CEO of Enterprise Florida Inc., the state’s principal economic development organization. “A dynamic facet of Florida’s business culture is the strong partnerships between local, regional, business and government organizations to further corporate growth in the state. The Kaye Scholer project exemplifies the results.”
Job hunters will indeed find a range of opportunities on the Kaye Scholer website, ranging from Accounting Managers to Web Marketing Coordinators, as well as a number of library, networking, and analyst positions.
The firm has not yet signed a lease for a building to house its operations center but plans to have its first group of employees on the ground and working sometime in June.
Organizations that helped facilitate Kaye Scholer’s move to Florida were the Economic Development Council of Tallahassee/Leon County, Enterprise Florida, Inc. and the Greater Tallahassee Chamber of Commerce.
DEO is joined by the City of Tallahassee and Leon County in contributing to the refund. The firm is also eligible to receive a Quick Response Training grant by Workforce Florida, Inc. to assist with employee training.