FT. LAUDERDALE, Fla., May 24, 2017 /PRNewswire/ -- Greenspoon Marder today announces that the firm has been ranked for the third year in a row in The American Lawyer's "2017 Am Law 200" – an annual list of the nation's highest grossing law firms.
Greenspoon Marder moved up 11 spots from last year's rankings to 176 and previously jumped 11 spots in 2016. One of only seven firms to see a double digit increase in gross revenue, Greenspoon Marder's gross revenue rose by 17.2% to $122.5 million and PPP grew 10% to $595,000.
"We are pleased to be honored for our strategic growth and development not only in 2016, but over the past few years," comments Gerald Greenspoon, Co-Managing Director of Greenspoon Marder. "This ranking is reflective of our ongoing commitment to client service and investing in emerging markets and industries."
The 2017 Am Law 200 report highlighted Greenspoon as a "differentiation dynamo". Greenspoon Marder has strong roots in the real estate industry including all the related practices such as real estate, timeshare and resort development, financial services, land use and litigation. In 2016, with an enhanced national platform, the firm continued to add additional practices such as intellectual property, healthcare, and cannabis among several others. Being a full service national law firm, many of our matters traverse practice area lines. Growth and demand has continued across all of our practice areas which has collectively contributed to increased revenue overall. The firm added 59 lawyers and opened offices in five new cities in 2016 and has continued to expand its geographic footprint and attorney headcount into 2017.
"The firm leadership has added and will continue to add key practitioners in practice areas which best service our clients and best facilitate seamless legal counsel under our national umbrella. Our growth and development is driven by our clients and subsequent emerging industries and markets to foster supply and meet demands," adds Michael Marder, Co-Managing Director of Greenspoon Marder.
The complete rankings of the Am Law 200 in revenue per lawyer, profits per partner, compensation-all partners and value per lawyer can be accessed here.
About Greenspoon Marder
Greenspoon Marder is committed to providing excellent client service through our cross-disciplinary, client-team approach. Our goal is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. Since our inception in 1981, Greenspoon Marder has become a full-service, Am Law 200 and NLJ 350 law firm with more than 200 attorneys. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs across Florida and the United States. For more information, visit www.gmlaw.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/greenspoon-marder-jumps-11-spots-in-the-2017-am-law-200-rankings-300463476.html
SOURCE Greenspoon Marder