Law360 Highlights Morrison Cohen's Strategic Growth
Morrison Cohen was recently featured by Law360 in an article detailing how the firm is navigating an increasingly competitive legal landscape with a focused, strategic approach – driving 15% revenue growth to $128 million.
Managing partner Steven Cooperman notes that the firm is delivering “everything you’d want to see in a full-service firm but done on a smaller scale with a different business model,” offering sophisticated counsel at rates “30% to 40% cheaper” than BigLaw.
Industry observers reinforce that the firm’s strategy is resonating. One consultant describes Morrison Cohen as a “well-regarded firm” that is successfully building industry specialization in high-growth areas like digital assets and healthcare and wellness, noting that “success comes from being relevant, not just capable.” Another points to the firm’s approach as a smart model for middle-market firms – combining targeted expertise with an understanding of where they can differentiate.
The article also highlights the firm’s continued investment in key areas such as private equity, real estate, tax and trusts & estates, alongside newer capabilities in government strategies, while maintaining the strength of a full-service platform that allows clients to access comprehensive support across their legal needs.
In addition, Morrison Cohen’s move to a more transparent, points-based compensation system is described as “a natural evolution,” designed to “maximize profitability for our equity partners while promoting collaboration in building and expanding client relationships, which increases the overall pie for everyone.” The model also aligns with broader industry trends by rewarding both performance and firm citizenship.
Taken together, the article underscores how Morrison Cohen’s clear strategy, strong market positioning and a truly full-service platform can drive meaningful, sustained growth.
Law360 subscribers can read the full article here.
Contacts
- Steven M. Cooperman Managing Partner
- scooperman@morrisoncohen.com