Boasting double-digit growth, midsize law firms are outpacing New Jersey's largest firms through acquisitions and internal expansion. A recent survey suggests that larger firms are reacting to the recent sluggish economy or are ramping up some practices and shedding others to improve their bottom line. But some say numbers only aren't everything: "We're growing in the deep end of the value pool, while we may be trading off our growth," said Michael Rodburg, managing partner at Lowenstein Sandler.
May 04, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
New Jersey’s larger firms continue to add lawyers, but their growth rate of late has been eclipsed by midsize firms.
These leaner machines are bulking up faster than their bigger competitors, both by internal growth and by acquiring smaller firms or practice groups.
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