In an article about the revenue realized by New Jersey law firms in 2023, the New Jersey Law Journal quotes Connell Foley LLP Managing Partner Timothy Corriston, who remarked upon the firm’s 7.8% growth in New Jersey revenue, and its 10.5% jump in firmwide revenue.
Tim told the publication that Connell Foley has been strategic in its focus on rates and growth areas, allowing the firm to expand its representation of companies in the start-up sector, especially tech and energy firms.
With new efforts from the governor and business leaders, Tim said, the market is blossoming in New Jersey, and partnering with young companies can provide cross-selling opportunities as the companies begin to build out.
“We’re still seeing significant demand in the legal market. We’re not seeing a slowdown,” Tim told the New Jersey Law Journal.
NJLJ subscribers can read the full article here.