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].
October 19, 2022 | The American Lawyer
As Clients Seek Out Restructuring Advice, Cooley Adds Bankruptcy PartnerThe firm's addition of Chicago-based Eric Walker comes as Cooley sees more restructuring demand. Many of the firm's clients are getting to a point where they need restructuring services, said Cooley's Cullen Speckhart.
By Andrew Maloney
3 minute read
October 18, 2022 | The American Lawyer
After Partner Pay Climbed 15%, More Modest Comp Gains Are Expected This YearCorporate partners, with the highest pay increase, saw a staggering 26% spike up to about $1.49 million.
By Andrew Maloney
5 minute read
October 18, 2022 | The American Lawyer
Kirkland and Latham's Fight for Funds Talent Highlights Profitability and Prestige in Practice AreaThe firms have poached partners from each other and touted their dueling pick-ups, sometimes just minutes apart.
By Andrew Maloney
5 minute read
October 17, 2022 | The American Lawyer
Skadden Recruits A Top Federal Prosecutor in ChicagoJohn Kocoras did a stint in the U.S. attorney's office between 2000 and 2005, where he worked closely with Patrick Fitzgerald, a current Skadden partner who became a "valuable mentor," he said.
By Andrew Maloney
3 minute read
October 12, 2022 | The American Lawyer
Inflation May Be Beating Billing Rates IncreasesThe new findings point to even more troubling signs for 2022 law firm profits.
By Andrew Maloney
4 minute read
October 11, 2022 | The American Lawyer
'Smart Money' in Big Law Still Finding Opportunities, Even with Deal Work DownMiddle-market deals continue at a healthy pace, while real estate, health care and marijuana transactions are flourishing.
By Andrew Maloney
5 minute read
October 06, 2022 | The American Lawyer
Law Firms Are Hungry for Mergers, But Their Plates May Already Be Full"A return to a golden era in recent years for law firms has bred complacency in many to pull the trigger on mergers," said law firm consultant Kent Zimmermann.
By Andrew Maloney
6 minute read
October 05, 2022 | The American Lawyer
Jenner Adds Skadden Energy 'Legend' as New Laws Set to Reshape IndustryJohn Estes, who represents major utility companies, said he expects that "many, if not all" of his clients will follow him to Jenner.
By Andrew Maloney
3 minute read
October 05, 2022 | The American Lawyer
Where Are Banks Sending Legal Work? Look Outside the Am Law 200Financial companies are giving a chunk of work to law firms outside the Am Law 200, ALSPs, the Big Four, large Asian law firms as well as European firms.
By Andrew Maloney
5 minute read
October 03, 2022 | The American Lawyer
Law Firm Mergers Still Below Average but 'Robust' Activity Expected SoonRising fears of a recession as well as some law firms reigniting combination talks may drive more law firm mergers soon.
By Andrew Maloney
5 minute read
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