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].
March 01, 2023 | The American Lawyer
'Investing When Conditions Aren't Optimal': Seyfarth Grows Revenue and Partner RanksSeyfarth grew its equity tier by nearly 7%, as its profits per partner inched down by about 1%.
By Andrew Maloney
4 minute read
February 27, 2023 | The American Lawyer
In Its Second Merger of 2023, Quarles Combines With IP Boutique, Adding 'Bridge' in DenverThe Milwaukee-based firm, ranked No. 116 in last year's Am Law 200, is combining with an IP boutique that services Fortune 500 companies and public-sector organizations.
By Andrew Maloney
3 minute read
February 24, 2023 | The American Lawyer
Attorney Compensation: Flush With Cash or Pulling Back?Lawyer compensation isn't crashing, but it's coming back to reality.
By Andrew Maloney
9 minute read
February 23, 2023 | The American Lawyer
Stinson, After Revenue and Profit Dip, Still Seeking Expansion OpportunitiesThe Midwest firm has considered "a number" of merger opportunities, while Miami and Tampa are potential expansion targets.
By Andrew Maloney
4 minute read
February 23, 2023 | The American Lawyer
Law Firms Boost Fixed and Contingency Fees Amid Uncertain EconomySeveral law firm leaders said they're getting more revenue from alternative fee arrangements or ramping up their ability to put them together.
By Andrew Maloney
5 minute read
February 21, 2023 | The American Lawyer
Husch, Actively Courting Law Firm Combinations, Grows Revenue 17%The Missouri-founded firm is looking for combinations that could put it in Nashville, other Southeast markets, and/or the Northwest, said Paul Eberle, CEO of Husch.
By Andrew Maloney
5 minute read
February 17, 2023 | The American Lawyer
'Good Choices' on Geography, Billing Rates Push Quarles to Record RevenueThe firm increased its billing rates for this year and last year, said the firm's leader, noting Quarles has been a bit too modest on rates compared with its peers.
By Andrew Maloney
6 minute read
February 16, 2023 | The American Lawyer
Big Law Still Adding Corporate Talent Even as Uncertainty Is LurkingHogan Lovells and Troutman Pepper are some of the latest big firms to announce corporate laterals this week.
By Andrew Maloney
4 minute read
February 15, 2023 | The American Lawyer
As Law Firms Push Aggressive Rate Increases, Clients Have Room to NegotiateSome rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
By Andrew Maloney
5 minute read
February 14, 2023 | The American Lawyer
'We Knew It Would Get Worse Before It Got Better': Law Firm Profitability Index Hits New LowLaw firms can see some signs of improvement, including moderating expenses and transactional demand that remains above pre-pandemic levels. But a shaky economy in 2023 could put that in jeopardy.
By Andrew Maloney
4 minute read
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