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 01, 2024 | The American Lawyer
Kirkland Keeps New Partner Promotion Class at 200 LawyersThe firm's latest partner promotions are the first time the class has decreased year-over-year in at least the last eight years.
By Andrew Maloney
2 minute read
October 01, 2024 | The American Lawyer
In Another Am Law 200 Firm Merger, Spencer Fane Expands in Las VegasSpencer Fane adds about 14 lawyers in its combination with Las Vegas-based Holley Driggs.
By Andrew Maloney
3 minute read
September 26, 2024 | The American Lawyer
Jenner Selects New MP, with Katya Jestin Stepping Back From RoleFirm revenue is projected to be up more than 48% relative to 2020 by end of the year, meaning a little more than $660.5 million in 2024.
By Andrew Maloney
5 minute read
September 25, 2024 | The American Lawyer
Law Firm Mergers Are Flowing West with the 'Direction of Business'A mix of agreeable rate structures in secondary markets, population increases and certain client industries are leading more firms to find merger partners in the Western half of the U.S.
By Andrew Maloney
5 minute read
September 24, 2024 | The American Lawyer
Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
By Mimi Lamarre | Andrew Maloney
5 minute read
September 20, 2024 | The American Lawyer
The Real Value of a Corporate Associate's BillingFour law firm leaders were asked to select between associates based on law firm segment, practice area, office location, rates, hours billed and fees collected.
By Andrew Maloney
4 minute read
September 20, 2024 | The American Lawyer
'Put Up or Shut Up' in Office Attendance: Law Firm Leaders Still Hold the CardsEnforcing office policies this year could mean withholding a portion or percentage of a partner's draw or reducing bonus pool eligibility.
By Andrew Maloney
5 minute read
September 17, 2024 | The American Lawyer
Chair-Elect of Sidley Austin Eyes Targeted Growth in US, UK Markets and Top Client Industries"There's movement between clients and lawyers and law firms, so there's a lot more opportunities to play offense in a way than when Mike {Schmidtberger] took the chair six years ago," said Brian Fahrney.
By Andrew Maloney
5 minute read
September 17, 2024 | The American Lawyer
UK and US Law Firms in Merger Talks as Demand for Scale Grows"There have been a number of direct outreach inquiries from U.K. to U.S. firms," noted a firm consultant.
By Andrew Maloney
5 minute read
September 13, 2024 | The American Lawyer
'Underwriting' Laterals Stokes Tension Among Nonequity PartnersAlthough pay for equity partners is going up, "we are seeing some firms that are not raising compensation for nonequity partners or, in some cases, cutting comp," observed a recruiter.
By Andrew Maloney
5 minute read
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