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].
August 28, 2023 | The American Lawyer
Partners Are Frustrated With 'Zoom Associates.' But Will Threatening Their Bonuses Change That?Consultants and partners have bluntly described some younger associates as "lacking accountability and initiative." But surveys suggest younger lawyers and aspiring lawyers are more varied in their motivations than earlier generations.
By Patrick Smith | Andrew Maloney | Hank Grezlak
6 minute read
August 25, 2023 | The American Lawyer
Law Firm Closures Highlight a Tale of Two MarketsMidsize law firms are seeing faster demand growth than big firms. But this segment of the market is still vulnerable to large, existential threats.
By Andrew Maloney
6 minute read
August 24, 2023 | The American Lawyer
Milbank Adds Cahill Partner Who Will Co-Lead White Collar Defense PracticeThe addition of Nola Heller boosts the firm's pitch to land on clients' most important matters, said Milbank's George Canellos.
By Andrew Maloney
4 minute read
August 22, 2023 | The American Lawyer
In Current Market, Billing Discipline 'More Critical Than Ever'Sidley Austin's memo to associates about late time entries highlights that law firms are tidying up billing and collections procedures amid a slower demand environment.
By Andrew Maloney
4 minute read
August 21, 2023 | The American Lawyer
Law Firms Are Still Grasping for the 'Other Side' of UncertaintyFirms benefitted from 7.7% average billing rate increases in the first half, Wells Fargo said, noting they are continuing to absorb productivity hits in the hopes of getting to the "other side" of the economic storm.
By Andrew Maloney
4 minute read
August 18, 2023 | The American Lawyer
Amid Layoffs and Attrition, Law Firms Are Planning More Staffing Adjustments"With forced exits and continued staff attrition wreaking havoc on the depth and breadth of both skills and experience, are firms fundamentally compromising the quality of a support structure?" a recent report asks.
By Andrew Maloney
5 minute read
August 16, 2023 | The American Lawyer
The Pitch for Fully Remote Lawyers Is Becoming More Difficult"I've worked with several attorneys recently making lateral moves to large global law firms, and none were given a formal 100% remote-work option," said executive coach and former Big Law partner Laura Terrell.
By Andrew Maloney
5 minute read
August 15, 2023 | The American Lawyer
Wilson Elser Adds in Indiana, as Second Hundred Firms Continue ExpansionThe No. 107-ranked firm by revenue announced this week that its clients wanted an expansion in the Midwest.
By Andrew Maloney
3 minute read
August 14, 2023 | The American Lawyer
In Big Law, 'Flexibility' Is a Word for All Seasons"I'm starting to hear 'flexibility' along with just being thoughtful about how do you become a bit more rigid about mandating people to come in?" noted Williams Lea's Joe McSpadden.
By Andrew Maloney
5 minute read
August 10, 2023 | The American Lawyer
Lateral Partner Moves Surge in Chicago, With Strong 'Momentum Going Into 2024'"The momentum going into 2024 suggests that 2024 might well exceed 2022 and 2023," Macrae CEO Carter Brown said about lateral partner moves.
By Andrew Maloney
4 minute read
Trending Stories