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 22, 2022 | The American Lawyer
Raising Billing Rates in 2023 Becomes a 'Singular Focus' for Law Firms"We're seeing higher planned rate increases at this point than we've ever seen, and we've been tracking this for 15 years," said a Wells Fargo analyst.
By Andrew Maloney
4 minute read
November 21, 2022 | The American Lawyer
A 'Worrisome' Start to 2023 Is Expected for Law FirmsExpectations for a quick surge in profitability appear to have fallen.
By Andrew Maloney
4 minute read
November 18, 2022 | The American Lawyer
Law Firms Start Tying Office Attendance to Job Security and Bonuses"If you're not coming in, there's going to be consequences," said one associate recruiter.
By Andrew Maloney
4 minute read
November 15, 2022 | The American Lawyer
More Cuts, Higher Billing Rates Could Be on the Horizon for Big LawAverage law firm net income fell by 7.3% and profits per equity partner was down 8.5% through the first nine months of 2022, according to a new Wells Fargo report.
By Andrew Maloney
3 minute read
November 14, 2022 | The American Lawyer
A 'Doozy' of a Time: Big Law Doubles Down on Energy as Industry Ramps UpLinklaters, Holland & Knight and Jenner & Block are some of the latest big firms to siphon talent from competitors in the energy space.
By Andrew Maloney
4 minute read
November 14, 2022 | The American Lawyer
Even With Lawyers Back in the Office, Law Firms Still Haven't Reached the 'New Normal'Remote and office schedules of both attorneys and professionals aren't yet settled, law firm leaders and analysts say.
By Andrew Maloney
5 minute read
November 11, 2022 | The American Lawyer
Law Firms Are Letting Productivity Slide, Remembering the 'Lost Generation' of LawyersDespite reports of elite law firms trimming ranks, head count continued to trend up across the industry through the third quarter.
By Andrew Maloney
5 minute read
November 09, 2022 | The American Lawyer
Jenner the Latest Big Firm to Add Federal Prosecutor in ChicagoJust a few weeks after Skadden hired a former top prosecutor in Chicago, Jenner is adding a prosecutor from the same office.
By Andrew Maloney
3 minute read
November 08, 2022 | The American Lawyer
Is the Gap Between Large and Smaller Law Firms Beginning to Narrow?"The market is moving litigation down-market to smaller firms," Georgetown Law Center's Jim Jones said. "It's about cost."
By Andrew Maloney
3 minute read
November 08, 2022 | The American Lawyer
No Election Day Holiday This Year. Big Law Employees Have a Few Hours for VotingDechert, Kirkland, Jenner, Mintz, Cooley and others offered lawyers and staff additional flexibility to take time off for voting. But firms had little appetite for offering the whole day off.
By Patrick Smith | Andrew Maloney
4 minute read
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