Andrew Maloney

September 26, 2024 | The American Lawyer

Firm revenue is projected to be up more than 48% relative to 2020 by end of the year, meaning a little more than $660.5 million in 2024.

By Andrew Maloney

5 minute read

September 25, 2024 | The American Lawyer

A mix of agreeable rate structures in secondary markets, population increases and certain client industries are leading more firms to find merger partners in the Western half of the U.S.

By Andrew Maloney

5 minute read

September 24, 2024 | The American Lawyer

About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.

By Mimi Lamarre | Andrew Maloney

5 minute read

September 20, 2024 | The American Lawyer

Four law firm leaders were asked to select between associates based on law firm segment, practice area, office location, rates, hours billed and fees collected.

By Andrew Maloney

4 minute read

September 20, 2024 | The American Lawyer

Enforcing office policies this year could mean withholding a portion or percentage of a partner's draw or reducing bonus pool eligibility.

By Andrew Maloney

5 minute read

September 17, 2024 | The American Lawyer

"There's movement between clients and lawyers and law firms, so there's a lot more opportunities to play offense in a way than when Mike {Schmidtberger] took the chair six years ago," said Brian Fahrney.

By Andrew Maloney

5 minute read

September 17, 2024 | The American Lawyer

"There have been a number of direct outreach inquiries from U.K. to U.S. firms," noted a firm consultant.

By Andrew Maloney

5 minute read

September 13, 2024 | The American Lawyer

Although pay for equity partners is going up, "we are seeing some firms that are not raising compensation for nonequity partners or, in some cases, cutting comp," observed a recruiter.

By Andrew Maloney

5 minute read

September 12, 2024 | The American Lawyer

"Morgan Lewis stated that antisemitic activities would not be tolerated at its firm. Yet it is now defending antisemitic hatred at Intel and attempting to 'out' me," said a plaintiff's open letter posted Thursday.

By Andrew Maloney

4 minute read

September 10, 2024 | The American Lawyer

If you're outside the top 50, it's harder to grow through laterals without being dented by attrition of your own, industry analysts say.

By Andrew Maloney

5 minute read