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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May 28, 2024 | The American Lawyer

'Acceptance' of Return-to-Work Policies Permeates Big Law

"What we found was, the majority of law firms aren't forcing people back to the office full time (and are) not being particularly strident in their enforcement, and lawyers are saying, 'Oh, this strikes a good balance,'" one analyst said.

By Andrew Maloney

5 minute read

May 28, 2024 | The American Lawyer

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.

By Andrew Maloney

7 minute read

May 22, 2024 | The American Lawyer

Are Law Firms Headed for an Era of Rapid Staff Turnover?

"Whether it's due to redundancies, retirement or switching firms, support staff turnover seems to be fixed at a high rate for the foreseeable [future]," a recent report concluded.

By Andrew Maloney

6 minute read

May 20, 2024 | The American Lawyer

Big Law Seeks to Maintain M&A Momentum With Lateral Market Maneuvers

Firms such as Paul Weiss, Sullivan & Cromwell, Akin, K&L Gates and Seyfarth all announced lateral M&A partners in the last week.

By Andrew Maloney

5 minute read

May 10, 2024 | The American Lawyer

High Billing Rates May Hasten New Era of Productivity

"The way the market is structured and has been structured for a long time, it's not really a question of growing productivity, it's how do we mitigate the contraction of productivity?" said Bill Josten, strategic content manager for Thomson Reuters.

By Andrew Maloney

5 minute read

May 08, 2024 | The American Lawyer

Second Hundred Law Firms Closer to the 'Center of Gravity' in Q1

So far in 2024, Second Hundred firms have the edge in demand growth, with their litigation practices gaining more strength.

By Andrew Maloney

5 minute read

May 07, 2024 | The American Lawyer

'Not Your Father's Law Firm': Big Law Continues to Hone Office Space

Mayer Brown's New York space has a 6,200-square-foot gathering area known as The Hub. The area features a game room with table tennis, billiards and shuffleboard.

By Andrew Maloney

7 minute read

May 06, 2024 | The American Lawyer

Billing Rate Growth and Litigation Demand Drive Big Law Gains in Q1

Worked billing rates were up 6.4% in Q1, the highest quarter-over-quarter increase since at least the Great Recession, noted Thomson Reuters' Bill Josten.

By Andrew Maloney

4 minute read