Market Research Report
Overview
Adler Pollock & Sheehan P.C. (AP&S) is a full-service law firm with headquarters in Providence, Rhode Island. It also operates offices in Boston, Massachusetts; Manchester, New Hampshire; and Newport, Rhode Island. Renowned for its proficiency in business litigation and employment law, the firm serves a diverse client base, ranging from local startups to multinational corporations. AP&S is recognized for its deal-savvy and trial-tested approach, allowing it to address complex legal challenges effectively.
Financial Performance
In 2023, Adler Pollock & Sheehan P.C. reported peak revenue of $22.0 million, maintaining a revenue per employee ratio of $146,667, with an estimated workforce of 150 employees. The firm thus solidifies its competitive presence in the New England legal market.
Leadership Team
The leadership at AP&S plays a crucial role in shaping the firm's strategic and operational framework:
- Robert P. Brooks serves as the Managing Partner. His leadership in the Labor & Employment Group includes robust representation of management in various aspects of labor relations, earning him recognition as a Rhode Island Go To Lawyer in this field.
- Carlos Montemor, overseeing operations as Chief Operating and Financial Officer since May 2021, utilizes his extensive background in finance and strategy as a CPA to manage the firm's financial health and infrastructure.
- Robert I. Stolzman, a principal at the firm, brings over 35 years of legal expertise, particularly in real estate, land use, and government affairs.
Together, these leaders drive the firm's growth strategies, enhance client service, and uphold its exceptional standards in legal practice.
Significant Achievements and Initiatives
Adler Pollock & Sheehan P.C. distinguishes itself through various community and industry engagements:
- Partnered with Citizens and the United Way of Rhode Island for pro bono service, reinforcing its community involvement and leadership role in the industry.
- Actively supports diversity within the legal profession, demonstrated through initiatives like the Walter R. Stone 2L Diversity Fellowship.
- Angel Taveras, a prominent attorney at the firm and the former Mayor of Providence, received recognition among the 100 Hispanic Board Members Making a Difference, enhancing the firm's reputation and influence.
Industry Position
Strategically positioned as a legal service provider and proactive participant in regional economic and community development, Adler Pollock & Sheehan P.C. continues to strengthen its reputation across New England and beyond. It provides comprehensive legal services tailored to a broad spectrum of needs across multiple industries.
Competitor Profiling
Bowles Rice LLP
Founded in 1920, Bowles Rice LLP is a business-focused, full-service law firm headquartered in West Virginia. Known for its strong presence in the oil & natural gas, coal & natural resources, and financial service sectors, the firm has offices in West Virginia, Pennsylvania, and Virginia. With revenue reported at $39.4 million, Bowles Rice maintains a substantial regional presence and expertise in business law.
Obermayer Rebmann Maxwell & Hippel LLP
Established in 1904 and headquartered in Philadelphia, Pennsylvania, Obermayer Rebmann Maxwell & Hippel LLP is a full-service law firm with over 100 attorneys. It provides comprehensive services across Pennsylvania, New Jersey, New York, Connecticut, and Delaware, focusing on diversity and innovation, particularly within its business finance, litigation, and government relations practices.
Sheehan Phinney Bass & Green PA
A premier New England-based law firm since 1937, Sheehan Phinney Bass & Green PA offers sophisticated legal services nationwide and internationally. Known for its innovation in various practice areas including criminal, environmental, and healthcare law, the firm operates out of Manchester, New Hampshire with reported earnings of $18.4 million.
Additional Competitors
- Windels Marx Lane & Mittendorf, recognized for its expertise in real estate and finance sectors.
- Sills Cummis & Gross P.C., specializing in corporate and commercial law.
These firms present considerable competition to Adler Pollock & Sheehan P.C. by providing similar services across overlapping markets. Understanding their strategic positioning and areas of expertise can guide AP&S in further differentiating its services, refining market positioning, and improving client engagement strategies for market expansion.