For the fourth year in a row, Gibbons P.C. was ranked the #1 lawyer-lobbying firm in New Jersey, according to the New Jersey Election Law Enforcement Commission, which has just released its report on 2011 lobbying expenditures in the state. Gibbons also ranked fifth among all multi-client lobbying firms in New Jersey.
The Gibbons Government Affairs Department saw a nearly seven percent increase in lobbying revenues between 2010 and 2011. In fact, the Gibbons team outpaced its nearest competitor by more than $400,000, which resulted in the most significant percentage of the state’s overall lawyer-lobbying revenues that the firm has ever achieved.
"When there is a divided government, clients more than ever benefit from government affairs counsel to ensure that their voices are heard and their issues addressed by their elected representatives," said Patrick C. Dunican Jr., chairman and managing director of Gibbons. “With this scenario playing out on both the state and federal levels, Gibbons lawyer-lobbyists are able to leverage their high-level skills and relationships whether clients need them in Trenton, Washington, or both.”
Adds David A. Filippelli, chair of the Gibbons Government Affairs Department, “Clients continue to turn to our team of lawyer-lobbyists because we’re different; we possess both the bipartisan relationships to open doors’ and also the credibility, experience, and advocacy skills necessary to win once we’re inside.”
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In its annual rankings of the countrys most active law firms in the private equity arena, Private Equity Analyst, a Dow Jones publication providing premier coverage of the industry, ranked Gibbons P.C. among the top firms for 2011, both in number of deals and number of funds. This is the fifth year in a row that Gibbons has been the only New Jersey-headquartered firm to be ranked in both categories.
The firm's Private Equity practice, led by Corporate Department directors Frank T. Cannone and Cheryl A. Gorman, placed 39th in the rankings by number of funds. For the fifth consecutive year, Gibbons earned the distinction of being the highest ranked New Jersey firm in this category, based on the 19 funds the firm represented in 2011. Based on the 10 complex private equity deals Gibbons negotiated and closed in 2011, the firm placed 62nd in the second set of rankings. The firm saw a significant increase in both rankings from last year.
"By focusing on major transactions for middle market companies and middle market deals for major companies, in the past year alone we have handled 50 transactions with an aggregate transaction value in excess of $4 billion," noted Mr. Cannone, chair of the firm's Corporate Department. "Our attorneys bring extensive New York capital markets and corporate transactional experience to benefit our clients in their high-level corporate matters, together with an advantageous mid-market rate structure."
"We can achieve these distinctions as a middle market firm because our attorneys have New York-based, global firm experience, and we handle complex, national-style deals," said Mr. Cannone, chair of the firm's Corporate Department. But at the same time, we offer competitive fee structures and partner-level accessibility that counter the mega-firm norms."