The firm told NJBIZ of its expansion plans Friday morning.
A new partner, Eugene Paolino, has joined Genova Burns from the Jersey City law firm Schumann Hanlon, and Jersey City attorney George Garcia recently came on board. The new location will have 10 attorneys, some new to the firm and others moving from other Genova Burns locations into the new 30 Montgomery St. office.
Genova Burns, which is based in Newark, has offices in Red Bank, Camden, New York and Philadelphia.
"I think the proximity to NYC, with Jersey City being kind of the sixth borough of New York, is one reason we are there," said managing partner Brian Kronick. That location gives the firm "the ability to attract young attorneys and associates who either live in Manhattan or Hoboken or Jersey City. This makes it easy for them to get back and forth to work, and it meets with our mission of being the firm to go to if you want connections between New York and Philadelphia."
Recent years have been difficult ones for the legal profession overall, Kronick said, with law school applications plunging and young attorneys facing a tough job market. But he said when he joined Genova Burns 13 years ago, "there were 10 of us, and we were doing labor and employment law and some election law." Today the firm has 80 attorneys, including 21 partners.
The economy is improving, "and I think there is a little bit more optimism about the economy in general," Kronick said. "In Newark, there are cranes all over the city, things are being torn down and rebuilt, and it seems to be a little bit more (optimistic) out there."
He said the firm sees opportunity in real estate and energy: "We have a new energy and utilities practice group that is getting well received; there is a void here that we can fill."
The firm's practices include labor, employment litigation, real estate, land use, transactions, complex litigation, and energy and utilities.