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Amid Consolidating Industry, Three Greater Hartford Law Firms Reach Rare Century Mark

Publisher: Hartford Business Journal
July 8, 2019

Day Pitney is featured in an article, "Amid Consolidating Industry, Three Greater Hartford Law Firms Reach Rare Century Mark," published by the Hartford Business Journal. The article focuses on Day Pitney and two other Hartford-area law firms that are marking their 100th year in operation in an industry that has undergone tremendous change. The article also discusses the firms' strategies for longevity.

As noted in the article, Day Pitney turned a potential challenge into a growth opportunity by entering the Florida market in 2016, where many of its high-net-worth and business clients were relocating. Earlier this year, the firm completed a second merger with a Florida-based litigation firm, further expanding its presence and deepening its bench in the sunshine state.

Managing Partner Tom Goldberg told the Hartford Business Journal that responding quickly to the changing needs of the firm's clientele has been a key to Day Pitney's staying power, especially in the competitive legal market that's emerged since the Great Recession of 2008. Clients have become more sophisticated in their approach to working with outside counsel, Goldberg said, moving much of the more mundane legal work in house and demanding that outside legal firms "add value."

"So you can never take any client relationship for granted," Goldberg said. "We and other firms have to prove ourselves every day."

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