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].
November 07, 2024 | The American Lawyer
Corporate Practice of the Year: The FinalistsThe general winner, along with the winners of the specialty categories, will be announced Nov. 13 at The American Lawyer's Industry Awards.
By Andrew Maloney
10 minute read
November 05, 2024 | The American Lawyer
With Laterals Across the Board, Polsinelli Still Building on Major Group MoveRipple effects from Polsinelli's 47-lawyer group move this summer are still generating benefits for the firm on the lateral market.
By Andrew Maloney
4 minute read
November 01, 2024 | The American Lawyer
Partner Pay Transparency Is Eroding, Even if 'Black Box' Systems Haven't Caught OnSome firms now make partner pay data less accessible. Opening up pay data can lead to "a lot of partner dissatisfaction and angst," one consultant said.
By Andrew Maloney
6 minute read
October 30, 2024 | The American Lawyer
Could AI Investments Be Another Driver of Law Firm Mergers?Some law firms have said they are interested in a combination with a larger firm partly "to have the scale necessary to properly invest in technology," said one merger consultant.
By Andrew Maloney
4 minute read
October 30, 2024 | The American Lawyer
BCLP Adds Former Seattle Mayor to Lead White Collar PracticeJenny Durkan was mayor of Seattle from 2017 to 2021. Before that she led Quinn Emanuel's cyber practice and served as U.S. attorney for the Western District of Washington.
By Andrew Maloney
3 minute read
October 25, 2024 | The American Lawyer
The Practices With the Highest Jumps in Partner Pay"It's definitely a good time to be a law firm partner," said Major, Lindsey & Africa's Louis Ramos, referring to a survey showing partners are relatively happy with their pay.
By Andrew Maloney
4 minute read
October 24, 2024 | The American Lawyer
Average Partner Pay 'Surges' in Both Equity and Nonequity TiersThe average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
By Andrew Maloney
5 minute read
October 23, 2024 | The American Lawyer
When It Comes to Law Firm Mergers, Are Firm Leaders Getting FOMO?"If the good ones are pairing up, you don't want to be the ones [left]," noted one industry observer.
By Andrew Maloney
5 minute read
October 22, 2024 | The American Lawyer
At Least a $5M Book of Business: Partner Expectations TightenMore top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.
By Andrew Maloney
5 minute read
October 18, 2024 | The American Lawyer
Rates Will Go Up (Again), But Here's Why Profitability Might Not Be MaximizedThere are three major pricing errors, and many partners "don't grasp the balance between costs, pricing and profits," one expert says.
By Andrew Maloney
4 minute read
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