I am absolutely delighted to report that the firm continues its leadership role in venture capital transactions (representing both companies and investors) regionally, nationally and globally. We enjoyed a record-breaking performance in 2016 - for the first time ever, McCarter was a leader in the venture capital global league rankings, achieving recognition in five categories – 5th in the region, 9th in the world, 10th in the US, 8th in software and 14th in global early stage. PitchBook today published its global league rankings for the first quarter of 2017 and we continue to lead, even improving our position in the most key markets.
McCarter & English now ranks in six categories:
- 3rd in the Mid-Atlantic region (currently, only tech-law national powerhouses Gunderson and Cooley surpassed us), up from 5th;
- 8th in the US, up from 10th;
- 10th in the world (down 1);
- Tied for 11th in software (down from 8th last year);
- Tied for 2nd in consumer products transactions (a new ranking for us); and
- 10th in global early stage (up from 14th last year).
I could not be more pleased with these extraordinary results which demonstrate that the firm’s strategy is working and that the overall trends are in our favor. Perhaps equally important, given our size relative to our competition, we enjoy an overwhelmingly positive and disproportionately large market share.
Thanks to all of the members of the Venture Capital and Emerging Growth Company team, as well as the many lawyers and staff in the firm from so many practice areas (IP, tax, employment, immigration to name a few) who contribute mightily to serving our venture capital-backed clients. The incredible talent and hard work of so many here, combined with our firm’s support of the entrepreneurial, technology and venture capital/private equity ecosystems, have enabled these results. We are extremely grateful to all of you.
Now, we just have to redouble our efforts to maintain and continue to improve our standings.