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Andrew Maloney

Andrew Maloney

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].    

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December 07, 2023 | The American Lawyer

'Staggering' Jump in Law Firms Planning to Expand Nonequity Partner Ranks

The average annual growth in income partner classes at some of the most profitable firms between 2017 and 2022 was 13.4%, while at other large, two-tier partner firms, it was 4%, according to a report this week.

By Andrew Maloney

4 minute read

December 06, 2023 | The American Lawyer

Salt Lake Sees More Big Law Interest, as Spencer Fane Enters Through Merger

"We do not have a business plan or profit formula that requires the four-figure rates that some of the other firms entering that market are probably expecting," chair Pat Whalen said.

By Andrew Maloney

4 minute read

December 06, 2023 | The American Lawyer

Despite Expense 'Dent' From Pay Raises, Law Firms Expect to See Rebound in Transactional Practices

Firms can anticipate a rebound in transactional practices heading into 2024. "As such, we expect 2024 to be a better year than we saw in 2023," said Citi and Hilderbrandt Consulting in a new report.

By Andrew Maloney

6 minute read

December 04, 2023 | The Recorder

A&O Sees Another LA Partner Exit, as Kirkland Adds to PE Bench

Josh Birenbaum's departure was the second partner move from A&O in LA announced Monday, with Sidley touting the addition of former A&O office managing partner Andrea Lucan.

By Andrew Maloney

2 minute read

December 04, 2023 | The American Lawyer

Sidley Adds 'Another Dimension' to Energy Practice With Arrival of A&O LA Leader

Andrea Lucan, who was LA office managing partner for Allen & Overy, joins roughly one month after Greg Lavigne, another A&O alternative energy alum, joined Sidley in New York.

By Andrew Maloney

4 minute read

December 04, 2023 | The American Lawyer

'Not A Rosy Outlook': Law Firm Leaders Are Less Bullish Heading Into 2024

Even before some firms embraced associate salary increases, the legal industry appeared less optimistic heading into 2024 than they were going into 2023, according to a recent survey.

By Andrew Maloney

5 minute read

November 30, 2023 | The American Lawyer

'Smaller Group' of Law Firms May Match Associate Pay Scale This Time Around

Second Hundred law firm leaders said that, while they keep tabs on top-of-the-market compensation, they don't feel compelled by it.

By Andrew Maloney

6 minute read

November 28, 2023 | The American Lawyer

Big Law Firms Offering 'Mixed Bag' of Rate, Compensation Structures in Emerging Markets

"Our real value proposition is we provide coastal expertise at Midwestern rates," said one law firm leader. "You get a lot of bang for your buck."

By Andrew Maloney

6 minute read

November 22, 2023 | The American Lawyer

A Steward Through Our Most Challenging Times

Neil Eggleston of Kirkland & Ellis, a recent American Lawyer Lifetime Achievement honoree, has guided the country through multiple presidencies and cultural flashpoints.

By Andrew Maloney

6 minute read

November 21, 2023 | Daily Business Review

Am Law 200 Boom in Miami Picks Up Steam, as Dinsmore Enters With Lewis Brisbois Group

The firm's growing size in Florida "starts to really give you the gravitas and the gravity, if you will, to let others know you're serious about your investment in that region," said Dinsmore's leader.

By Andrew Maloney

4 minute read