Business Of Law

News

McManimon Scotland Absorbs Trenk DiPasquale

David Gialanella | September 26, 2018

The new firm, with 51 lawyers, will operate under the McManimon, Scotland & Baumann name from that firm's Roseland headquarters, but will maintain offices in Newark and Trenton.

News

Deadline Near for Law Journal's New Associate Yearbook

David Gialanella | September 25, 2018

The Law Journal later this year will publish its New Associates Yearbook, and invites law firms to send profile information and photos for their 2018 associate hires, including newly admitted associates and lateral associates.

News

PwC Forms Alliance With NY Firm, Furthering Big Four's Ambitions in Law

Ben Wheway | September 24, 2018

The deal brings together PwC UK and the New York-based immigration specialist law firm Fragomen, handing PwC a major foothold in the U.S. market.

Analysis

Among NJ Top 40 Law Firms, Revenue Growth More Common Than Population Growth

David Gialanella | September 21, 2018

More large New Jersey law offices are growing revenue than are growing attorney population, the Law Journal's annual Top 40 survey has found.

News

Former Budd Larner Leader Brings Insurance Group to Saiber

David Gialanella | September 14, 2018

Seven lawyers from Budd Larner, including a longtime member of the firm's leadership, have departed for fellow New Jersey firm Saiber, nearly doubling the size of the latter firm's insurance and reinsurance practice.

News

NJ Drug Developer Hires Day Pitney Partner as GC Following IPO

Kristen Rasmussen | September 12, 2018

Lori Braender, formerly of Day Pitney, will lead the legal functions for the Warren-based company, which is advancing a pipeline of treatment for central nervous system diseases.

News

Law Firm Breakup Dispute Headed to Arbitration

Lizzy McLellan | September 10, 2018

A dispute over Williams Cuker Berezofsky is set to go before a panel of arbitrators in November.

News

Pay Improves, Gender Diversity Steady Among Top Lawyers at NJ Public Companies

David Gialanella | September 06, 2018

According to data on fiscal 2017 culled from federal securities filings, average salary among 20 general counsel for publicly held companies based in the state was $448,945.

Analysis

New Jersey, Illinois Online Search Cases Highlight New Front in Firm Rivalries

Scott Flaherty | September 06, 2018

Two recent cases pitting law firms against one another indicate fierce competition among certain types of firms that invest heavily in marketing efforts—and they illustrate how that competition is playing out in a modern, digital age.

News

Day Pitney Hires Mercedes In-House Lawyer as Diversity Chief

Michael Marciano | August 29, 2018

On the heels of recently achieving "Mansfield 'Plus' Certification" from Diversity Lab, the firm announced Tuesday it had hired its new director of diversity and inclusion, Tommy M. Shi, former in-house counsel and 10-year diversity and inclusion officer for Mercedes-Benz USA.

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News

As It Prepares to Close, New Jersey Foreclosure Firm Sued for Ad Fees

Lizzy McLellan | August 23, 2018

Udren Law, unable to pay for legal advertisements, appears to be winding down its business.

Analysis

The Battle for Talent Is Disrupting the Business of Law

David J. Parnell | August 22, 2018

A shift in the way firms are pursuing laterals is disrupting the market and New York will be the primary battleground.

News

Why Has NJ Government Bond Market Slowed in 2018?

David Gialanella | August 16, 2018

New Jersey's government bond market has once again seen fewer bonds issued in the first half of the year, this time dropping off more precipitously.

News

Norris McLaughlin Names New Chairman, Makes Other Leadership Moves

Michael Booth | August 02, 2018

Norris McLaughlin & Marcus has elected John Vanarthos, a longtime partner who has served four years on the management committee, as the firm's new chairman, and made changes at other leadership posts.

Conversation

Stressed Out? Tell Us About It

David Gialanella | July 31, 2018

Publications from around the ALM family are engaging readers on the important issue of stress in the workplace, and we want to hear from you.

News

Norris McLaughlin Gets Share of $504K Fee Award in Case of Corporate Power Struggle

David Gialanella | July 26, 2018

New Jersey law firm Norris McLaughlin & Marcus, in a long-running dispute in which it once was sued itself, was awarded $254,201 in fees based on what the court called "unacceptable" and "shocking" conduct by one of the parties.

News

Ex-Mercedes-Benz Litigation Counsel Moves From Duane Morris to Cozen O'Connor

Lizzy McLellan | July 24, 2018

Miguel Pozo, who joined Duane Morris' Atlanta office in August of last year, is now a partner at Cozen O'Connor.

News

Summer Associate Pay Rises, as 2 NJ Firms Bring Back Programs

David Gialanella | July 19, 2018

With two firms relaunching their programs after yearslong layoffs, the market for summer associates would appear to be primed for something of a renaissance. But overall it's been a slow build in recent years, according to the Law Journal's 2018 survey of summer associate programs.

News

Princeton Human Rights Blockchain Startup Hires Former McGuireWoods Partner as GC

Dan Clark | July 19, 2018

Kathleen Dooley, who dealt with numerous types of litigation at McGuireWoods, is stepping up to lead legal at a Princeton-based organization with big ambitions around developing personal privacy.

News

McCarter & English Launches Fellowship to Represent Newark Residents

David Gialanella | July 17, 2018

"I think McCarter & English wants to be a good neighbor," Newark Mayor Baraka said. "We're developing a relationship, and we want to create that kind of relationship with all the institutions in the city."

News

Where Did NJ Law Firms Land on the NLJ 500?

David Gialanella | July 10, 2018

Here's how each New Jersey firm, in order of firmwide head count, stacked up.

Analysis

New Jersey Sits Out Associate Pay Race—Mostly

David Gialanella | July 02, 2018

"I really think the firms we're reading about are a relatively small group of firms serving a different type of client than we are," said W. Raymond Felton of Greenbaum, Rowe, Smith & Davis. "And by 'we,' I don't mean just Greenbaum—I mean most law firms in New Jersey."

News

Supreme Court Won't Take Up Avvo Ethics Case

David Gialanella | June 04, 2018

An opinion by New Jersey legal ethics authorities that deemed Avvo off-limits to lawyers in the state will not be reviewed by the state Supreme Court.

Analysis

Summer Hours to Family Leave, Work-Life Balance Gets Top-Down Approach at NJ Firms

David Gialanella | June 01, 2018

Many firms see striking an effective work-life balance as a matter of competition, insofar as it serves as a recruiting tool.

News

Which New Jersey Firms Cracked the Am Law 200?

David Gialanella | May 22, 2018

It was a familiar picture for New Jersey firms on the Am Law 200 this year, with moves up and down the board, but one firm joined the list for the first time.

Analysis

No Legalization Yet, But 'Shift' Sees NJ Firms Firing Up Cannabis Practices

David Gialanella | May 16, 2018

As the dialogue about possible legalization of marijuana in New Jersey once again ramps up, a number of firms have announced the formation of cannabis law practice groups.

News

Court Remands $166K Fee Award to Greenbaum Rowe for Receiver Work

Michael Booth | May 09, 2018

A state appeals court on Wednesday ordered further review of more than $166,000 in receivership fees awarded to New Jersey firm Greenbaum, Rowe, Smith & Davis, issuing an "admonition [that] has been repeated time and again" to trial courts that don't put reasons for their rulings on the record.

News

Weber Gallagher's NJ Office Nabs 5 Med Mal Laterals From Wilson Elser

Lizzy McLellan | April 30, 2018

"I really didn’t need a national platform and all that came with that, so Weber was a nice fit," partner Ken Brown said.

Analysis

Firms Careful About Geographic Expansion, but Pioneers Claim Success

David Gialanella | April 24, 2018

"Expansion is not something you decide overnight," according to Sanjay Ibrahim. "It's got to be part of a macro-level plan."

Event

Inaugural 'Jersey Dealmakers of the Year' Recognizes Excellence in Transactional Practice

David Gialanella | April 18, 2018

Perhaps there's nothing differentiating a "Jersey deal" from any other, aside from a hint of swagger, but in the first installment of "Jersey Dealmakers…

Q&A

Technology 'a Blessing and a Curse,' New Mandelbaum Salsburg CEO Says

David Gialanella | April 11, 2018

Planning for the future is, or should be, a common priority for midsize firms, and Mandelbaum Salsburg of Roseland put its succession plan in motion…

News

McCarter & English Tops Rotation For Pro Baseball Union, Federal Filing Shows

Brian Baxter | April 06, 2018

While snow and other inclement weather in certain parts of the country scuttled the home openers of several Major League Baseball teams, the league’s player’s union marked the start of a new league year with a filing listing a long lineup of legal bills.

News

Gibbons, Fighting 'Down' Demand, Sees Revenue Recede, Plans New Partner Crop

David Gialanella | April 04, 2018

The Newark-based firm's $99.4 million in firmwide gross revenue was a 2.9 percent decrease from $102.4 million in fiscal 2016.

Q&A

KBR: Keeping Millennials' Careers on Track in a Collegial Atmosphere

Susan DeSantis | April 04, 2018

Julianna Ryan of Kaufman Borgeest & Ryan says the biggest threat to the defense bar, generally, is the trend toward commoditization of legal services that fails to account for the quality of the service and case results. All firms do not deliver the same results, says Ryan.

News

Connell Foley Launches Franchise Practice With LeClair Laterals

David Gialanella | March 29, 2018

The addition of 11 LeClairRyan lawyers weeks ago has done more than boost Connell Foley's head count—it has also allowed the firm to launch a franchise and distribution practice group.

Commentary

Quinn Emanuel Partner Suffers From Depression and He Wants Everyone to Know

Joseph Milowic III | March 28, 2018

Struggling to find meaning in your work? Lacking motivation? Thinking about quitting? Please read this first.

Analysis

For Midsize Law Firm Leaders, 'It Takes Dollars' to Tackle Tech Initiatives

David Gialanella | March 21, 2018

Vendors are one thing. But many more costs are internalized, and law firm technology spending is a growing part of the budgetary discussion.

News

'Bittersweet' Move Brings 20 Graham Curtin Laterals to McElroy Deutsch

David Gialanella | March 19, 2018

The move brings 20 lawyers, including firm founder and former State Bar President Thomas Curtin, to McElroy Deutsch, while another contingent of Graham Curtin lawyers have launched its own firm, Gimigliano, Mauriello & Maloney.

Analysis

Revenue Up 7 Percent for NJ Lawyer-Lobbyists in 2017

Michael Booth | March 09, 2018

The top 10 law firms that lobby the state government in Trenton saw a year-over-year revenue increase in 2017, according statistics from state elections regulators.

News

Gross Revenue Dips Slightly, PPP Shrinks for Partner-Replenished McElroy Deutsch

David Gialanella | March 07, 2018

"It was a disappointing year because our productivity was up. The billable hours of the average lawyer was up. And the rates were up," managing partner Edward Deutsch said. "But I think everybody's got a problem with slow-paying clients."

News

Financial Metrics Hold Steady for McCarter & English in '17

David Gialanella | February 27, 2018

Firm leaders, meanwhile, say an ongoing emphasis on efficiency and profit margins have set up the firm well in the competitive market for legal services.

Analysis

Law Firm GC a Role for the Seasoned, but That Means Grooming a Successor

David Gialanella | February 21, 2018

To fill the role of general counsel, law firms typically look for someone with the years of experience needed to confront difficult and potentially costly issues in an unflinching way.

News

Tyrrell's Litigation Group Bolts Locke Lord for Sills Cummis

David Gialanella | February 21, 2018

"I could have returned to New York where I started, but I didn't want to do that. I did not want to be at a firm that had a short-term interest in New Jersey," Tyrrell said.

Slideshow

Lateral Groups, New Practices, Going Bicoastal: NJ's Splashiest Law Firm Moves

David Gialanella | February 16, 2018

It's been an eventful time in New Jersey for law firms adding lateral hires, opening new offices, hiring prominent former public officials, and otherwise pushing to maintain an upward trajectory in a competitive legal market.

Video

Former Judges Marie Lihotz and Raymond Batten on Building an ADR Practice

David Gialanella | February 16, 2018

Lihotz and Batten discuss challenges in transitioning from the bench to law firm life, and the considerable task of building an alternative dispute resolution practice.

News

Lowenstein's Gross Revenue Up 5.5 Percent; PPP Jumps 12.9 Percent

David Gialanella | February 13, 2018

Following incremental growth in fiscal year 2016, Lowenstein Sandler saw marked increases in its financial metrics last year, and did so without lawyer population growth.

News

Connell Foley Builds in Newark With 11 From LeClairRyan

David Gialanella | February 12, 2018

The additions push Connell Foley's firmwide attorney head count to the 140-lawyer mark and its Newark head count above 20.

Analysis

Diversity More Than Numbers Game, But Midsize Law Firms Must Play to Win

David Gialanella | February 07, 2018

Creating a firm environment that truly prioritizes diversity means more than hitting a magic number or following an exact formula, attorneys at New Jersey midsize firms have said.

Analysis

Millennials Get 'Bad Rap,' NJ Firms Say (But Seriously, Put Down the Phone)

David Gialanella | January 18, 2018

When Eric Alvarez moved to Norris, McLaughlin & Marcus in Bridgewater a little less than a year ago, his reasons were of a reputedly common refrain…

News

Princeton's Smith Stratton Acquired By Dilworth Paxson

Lizzy McLellan | January 16, 2018

CEO Ajay Raju said his firm needed a presence along the New York-Philadelphia corridor and found an opportunity in Princeton's Smith, Stratton, Wise, Heher and Brennan.

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