New Jersey firms held their ground in the recently released national AmLaw 200 rankings, though two that have made appearances before failed to make the cut.
Lowenstein Sandler of Roseland, McCarter & English of Newark, McElroy, Deutsch, Mulvaney & Carpenter of Morristown and Gibbons of Newark made it to the top 200 revenue rankings compiled by The American Lawyer, a sibling publication.
Those firms topped the Law Journal‘s recent rankings of highest grossing firms and branches in the order listed above.
On the outside looking in—after making the rankings a year ago—were Archer & Greiner of Haddonfield (no. 5 N.J. firm) and Sills Cummis & Gross of Newark (no. 6).
Here’s a five-year look at how each firm has fared:
• Lowenstein Sandler, with $222.5 million gross, is tied for no. 133. It’s a slight step backward after four years of climbing: The firm ranked 130th last year ($215 million gross), 128th in 2012 ($225 million), 136th in 2011 ($197 million), and 140th in 2010 ($183 million).
• McCarter & English, also grossed $222.5 million and shared no. 133. The firm also was tied for 133rd last year, with $212 million gross. It ranked 132nd in 2012 ($211.5 million gross), 127th in 2011 ($216 million), and 129th in 2010 ($203 million).
• McElroy Deutsch—whose 5.2 percent revenue increase was the biggest among the top New Jersey firms—occupied the 181st spot with $122.5 million gross, a slight improvement: The firm was tied for no. 182 last year ($116.5 million gross), ranked 182nd in 2012 ($115.5 million), and ranked 184th in 2011 ($110 million). The 2011 ranking represented a rocket shot from the prior year (199th, $85.5 million gross), fueled by the acquisition of 44-lawyer Pepe & Hazard of Hartford, Conn.
• Gibbons ranked 188th. Its revenue ($114.5 million) was about flat, thanks to billing interruptions from Hurricane Sandy–related office closures. The firm was down three spots from 185th last year, ($115 million gross), and ranked 184th in 2012 ($111 million), 187th in 2011 ($106.5 million), and 184th in 2010 ($111 million).
• Last year was Archer & Greiner’s lone AmLaw200 appearance of the last five years. The firm ranked 195th with $97 million gross. But with a 5.2 percent revenue decline—steepest among the top New Jersey firms—Archer & Greiner’s $92 million gross fell short this year. It posted $75 million and $78 million in 2010 and 2011, respectively, before catapulting to $87 million, thanks to the acquisition of 31-lawyer Herten, Burstein, Sheridan, Cevasco, Bottinelli, Litt & Harz in Hackensack. That year, 2012, it barely missed the AmLaw 200.
• Sill Cummis had a 3.3 percent revenue drop, to $87.5 million gross, falling off the list for the first time in five years after a gradual slide. The firm tied for 199th last year ($90.5 million gross), and ranked 195th in 2012 ($98.5 million), 193rd in 2011 ($103 million), and 192nd in 2010 ($100 million). •
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