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, 2022 | The American Lawyer
Across-the-Board Declines Mean an 'Inflection Point' for Law FirmsBig Law equity partners are facing possibly smaller payouts, as firms are under pressure to cut into head count, according to the latest Law Firm Financial Index.
By Andrew Maloney
5 minute read
November 04, 2022 | The American Lawyer
Partner Moves in Salt Lake, Seattle Show 'Massive' Rise, While Nashville Fell OffAppetite for laterals in smaller U.S. cities has grown this year, including Salt Lake, where partner moves rose 234% in the first three quarters of the year.
By Andrew Maloney
5 minute read
November 02, 2022 | The American Lawyer
Midlevel Partner Talent Pool Has Likely 'Dried Up'Increased competition for midlevel partners means law firms have been paying more for a candidate's book of business. "This is extremely risky," analysts wrote.
By Andrew Maloney
5 minute read
October 31, 2022 | The American Lawyer
Lateral Partner Moves Have Accelerated, as Big Law Pursues Growing Market Share"Firms are still pursuing scale, still pursuing market share. They are continuing to focus, at least amongst the large law firm segments, on market consolidation," said Decipher's Mike Ellenhorn.
By Andrew Maloney
5 minute read
October 26, 2022 | The American Lawyer
Crowell's Advertising Leader Drawn to Katten's Practice Area FocusChristopher Cole, who was at Crowell for about a decade, said he sensed a strategic mismatch as the firm doubled down on regulatory work and government-facing clients.
By Andrew Maloney
4 minute read
October 26, 2022 | The American Lawyer
'Clear Disparity' Remains Between Attorney and Staff Hybrid Work PoliciesThe gap between policies is "bad for morale, bad for culture, bad for employee engagement," said Withum's Marci Taylor.
By Andrew Maloney
4 minute read
October 24, 2022 | The American Lawyer
In Associate Ranks, Slowdown in Demand Could Mean 'Cleanup'Law firms are using the softer demand environment to address weak spots that were difficult to cut before.
By Andrew Maloney
5 minute read
October 20, 2022 | The American Lawyer
Getting Schooled: Big Law Sees 'Enormous Uptick' in Higher-Ed WorkSeveral firms from the Am Law 100 on down have launched new groups over the last few years to handle more business from colleges and universities.
By Andrew Maloney
4 minute read
October 19, 2022 | The American Lawyer
Partner Pay Is Up, but 'Pronounced' Differences Remain Between CitiesPartners in Dallas, Atlanta, Houston and Minneapolis reported the largest gains in average compensation, while Philadelphia, Los Angeles and Miami all reported noticeable declines.
By Andrew Maloney
4 minute read
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