With few exceptions, McCarter & English’s firmwide and per-lawyer financial metrics were essentially unchanged last year from fiscal year 2016. 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.
The Newark-based firm’s $237.2 million gross revenue figure for 2017 was roughly the same as the year before. The stasis follows two consecutive years of record-setting revenue at the firm, said chairman Michael Kelly and managing partner Joseph Boccassini in an interview.
