Law
The law firm of Porzio, Bromberg & Newman, with offices in Morristown and other New Jersey locations, has been named winner of the 2023 Financial Times Innovative Lawyers in Healthcare & Life Sciences award for its creation and sale of a pioneering technology-based subsidiary. This is the first year in which the Financial Times has included a healthcare and life sciences category in its prestigious Innovative Lawyers North America series. Porzio was selected for the honor among a shortlist of ten law firms, all of which — except for Porzio — are among the 200 largest law firms in the country.
“We are honored to be recognized as the winner of the Innovative Lawyers in Healthcare & Life Sciences in the Financial Times Innovative Lawyers North America awards,” said Vito A. Gagliardi, Jr., managing principal of Porzio, Bromberg & Newman. “Two decades ago, we used our attorneys’ knowledge to create a subsidiary delivering our clients the information they needed efficiently. Today, we are leading the industry, as our recognition alongside a number of the country’s largest law firms indicates. We congratulate all our fellow nominees for their remarkable work. We intend to continue to explore innovative ways to serve our clients.”
In October 2022, Porzio sold its subsidiary, Porzio Life Sciences, to a private-equity-owned life sciences company, RLDatix, becoming the first U.S. law firm to sell a technology-oriented subsidiary to private equity. Created in...
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