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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January 09, 2024 | The American Lawyer

As Billing Rates Soar, Law Firm Clients Move to Spread Work Around

"Many law firms have seen their ability to collect on those increasing rates falter, and clients have become more aggressive about trying to tier work to lower-cost firms," according to a new industry report.

By Andrew Maloney

6 minute read

January 05, 2024 | The American Lawyer

With Higher Optimism in Deal Market, Big Law Firms Recruit M&A Partners to Kickstart Year

For partners, make-whole signing bonuses are trending up again, said Major Lindsey recruiter Kirsten Keegan Vasquez, as firms become more comfortable spending on talent than they were in 2023.

By Andrew Maloney | Dan Roe

4 minute read

January 04, 2024 | The American Lawyer

With Law Firm Merger Interest at 'All-Time High,' Consolidation May Heat Up in 2024

At least nine mergers have already been announced and slated for completion in 2024, according to consulting firm Fairfax.

By Andrew Maloney

4 minute read

January 03, 2024 | The American Lawyer

To Stay Ahead in New Year, Law Firms Will Double Down on Practice Strengths

Law firms will need to make harder choices if they want to keep up, but many firms are too tepid about where to drill down, noted consultant Kristin Stark.

By Andrew Maloney

5 minute read

December 26, 2023 | The American Lawyer

Law Firm Mergers Began With a Boutique Bash. Will the Party Continue in 2024?

A&O's tie-up with Shearman could be a harbinger of more U.K.-headquartered firms expanding into the U.S.

By Andrew Maloney

6 minute read

December 19, 2023 | The American Lawyer

Turnover in Big Law Leadership Manifests as 'Great Growth Race' Kicks Into High Gear

At least 30 large law firms have announced some kind of leadership transition within the last year or so. "It's been an exciting but challenging and exhausting few years," noted one Am Law 100 leader.

By Andrew Maloney

5 minute read

December 14, 2023 | The American Lawyer

While Polsinelli Had a 'Lighter' Year in 2023, Firm Grew Profits 13%

The firm reached $856 million in revenue, and more than $1.9 million in average profits per equity partner, as its equity ranks stayed flat.

By Andrew Maloney

5 minute read

December 13, 2023 | The American Lawyer

In the Spotlight or Not, Kirkland's Litigation Team Is Making a Big Impact

As one of The American Lawyer's 2023 Litigation Department of the Year Finalists, Kirkland & Ellis has shown it can handle the highest-profile matters along with off-the-radar cases.

By Andrew Maloney

5 minute read

December 13, 2023 | The American Lawyer

The Value of the Office: Growing Number of Law Firms Want to Add Office Space

"Firms have a greater understanding of new working practices and have revised their approach to their space," according to the latest Citi Hildebrand client advisory.

By Andrew Maloney

5 minute read

December 12, 2023 | The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.

By Andrew Maloney

5 minute read

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