Next year, who knows? But during 2008, a year that saw the national economy petering out, New Jersey’s largest firms held their ground in terms of size, revenue and profitability.
Continuing a trend of streamlining that was noticeable in 2007, firms in 2008 hired fewer new lawyers, kept equity partnership ranks tight and increased their proportions of lower-earning, higher-billing nonequity partners.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]