I'm a Chicago-based reporter covering the business of law, focusing on national and global law firms for The American Lawyer, Law.com and other ALM publications. Reach out: [email protected].
January 28, 2025 | The American Lawyer
Adding 'Credibility' to the Pitch: The Cross-Selling Work After Mergers, Office OpeningsSome law firm leaders say they’re gaining “credibility” in a market that is helping them go deeper with clients and propel record performances.
By Andrew Maloney
5 minute read
January 28, 2025 | The American Lawyer
Law Firms Are 'Struggling' With Partner Pay Segmentation, as Top Rainmakers Bring In More RevenueSome partners last year "doubled their book of business, and not just from $20 to $40 million, but $60 to $120 million," noted Blane Prescott. "More firms are struggling with: what should the top be?”
By Andrew Maloney
5 minute read
January 27, 2025 | International Edition
Law Firms Turn to 'Golden Handcuffs' to Curb Partner MovementMany firms are increasingly implementing strategies such as clawbacks and deferred compensation to discourage partners from leaving, noted legal recruiter Mike Parrillo.
By Andrew Maloney
5 minute read
January 24, 2025 | The American Lawyer
Law Firms Turn to 'Golden Handcuffs' to Rein In Partner MovementMany firms are increasingly implementing strategies such as clawbacks and deferred compensation to discourage partners from leaving, noted legal recruiter Mike Parrillo.
By Andrew Maloney
5 minute read
January 22, 2025 | The American Lawyer
Senior Associates' Billing Rates See The Biggest Jump“You’re getting some associate rates cresting to over $1,000 an hour, as much as some junior partners," said Jennifer McIver, of Wolters Kluwer ELM Solutions.
By Andrew Maloney
4 minute read
January 21, 2025 | The American Lawyer
Kirkland Enters Philadelphia, Luring Skadden Mass Torts TeamAllison Brown, who has represented and won multiple trials for Johnson & Johnson, is leading a team of five partners to Kirkland, the firm confirmed to The American Lawyer on Tuesday.
By Andrew Maloney
4 minute read
January 16, 2025 | The American Lawyer
Are Counsel Ranks Getting 'Squeezed' as Nonequity and Associate Pay Grows?When it comes to compensation raises for counsel, they can end up in “no man’s or no woman’s land,” said Jeff Lowe at CenterPeak.
By Andrew Maloney
5 minute read
January 15, 2025 | International Edition
Law Firms Grapple With 'Friction' Over Nonequity Partner PayPay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
By Andrew Maloney
6 minute read
January 15, 2025 | The American Lawyer
Big Law Begins 2025 With Boston Laterals and DealsLaw firm leaders and industry experts have lately pointed to Boston as an area ripe for investment.
By Andrew Maloney
5 minute read
January 14, 2025 | The American Lawyer
Law Firms Grapple With Nonequity Partner Pay ‘Friction’Pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
By Andrew Maloney
6 minute read
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