Top law firm Lowenstein Sandler experienced considerable drops in revenue growth following a prosperous 2022, which had been significantly bolstered by contingency fees. Despite the decline in absolute numbers, core business metrics are upbeat after adjusting for the absence of contingency fees, attributed to the firm’s overall growth and resilience. This was attested to by Chairman and Managing Partner, Gary Wingens, who also announced the upcoming addition to the firm’s top-level management. Michael Caplan, a revered veteran from Goodwin Procter, is set to join Lowenstein Sandler as the new Chief Operating Officer.
The dynamics and reasons behind these changes are analyzed in greater depth in the full report from the New Jersey Law Journal.
Moreover, the esteemed Judge Joseph P. Quinn, a retired New Jersey Superior Court Judge, is adding his significant experience in mediation and alternative dispute resolution to Ansell.law’s practice. Serving on the bench for 23 years across various divisions, Judge Quinn’s move represents a significant addition to the field of dispute resolution. More information about this development can be found on Ansell.law.