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 11, 2022 | The American Lawyer
Barnes & Thornburg Sees Double-Digit Growth Following Years of ExpansionFirm leaders pointed to eight office openings over the last five years that positioned the firm well amid high demand.
By Andrew Maloney
4 minute read
March 08, 2022 | The American Lawyer
'What Are the Ground Rules?': US Firms With Russian Presence Face Difficult Questions"We have a handful of nonsanctioned clients that we're taking a really hard look at," one firm leader said.
By Andrew Maloney
5 minute read
March 02, 2022 | The American Lawyer
Here's Why Profit Growth Will Be Tougher in 2022"I think 2022 is going to be just generally slower than 2021," said one Big Law dealmaker. And after a breakneck 2021, "I'm also just not sure it's personally sustainable."
By Andrew Maloney | Patrick Smith
5 minute read
February 28, 2022 | The American Lawyer
How Did Big Law Profits Surge? Demand and Big Rate Hikes Were KeyA series of events led to sky-high profits across the legal industry last year.
By Andrew Maloney | Patrick Smith
5 minute read
February 24, 2022 | The American Lawyer
Billing Rate Increases Prompt Lateral Movement Throughout Am Law 200Clients are seeking a "better value proposition" as billing rates rise, said Craig Beaker, who moved with a 10-person group from Perkins Coie to Holland & Hart.
By Andrew Maloney
4 minute read
February 23, 2022 | The American Lawyer
Big Law Makes Big Push for Transactional TalentHogan Lovells, Latham & Watkins, Proskauer Rose and Paul Weiss all added key lateral hires to their merger or corporate practices this week.
By Andrew Maloney
4 minute read
February 22, 2022 | The American Lawyer
'Off the Charts' Demand Led Benesch to Double-Digit GrowthRevenue leapt 23% in 2021, while profits grew more than 18%.
By Andrew Maloney
4 minute read
February 18, 2022 | The American Lawyer
Big Law Realization Rates Have Grown. How Can Firms Keep Up the Progress?Many firms did a better job collecting fees last year. Practice mix, billing discipline, and managing client relationships could help firms nudge realization higher.
By Andrew Maloney
5 minute read
February 15, 2022 | The American Lawyer
Big Law Is Back to Signing Office Leases, With More Relocations Expected This YearThe question remains whether redesigned spaces will permanently translate to smaller offices when workers are in the office less.
By Andrew Maloney
4 minute read
February 14, 2022 | The American Lawyer
Law Firm Expenses Surge, Dampening Outlook for 2022Increases in associate pay and head count led to an 8.4% rise in direct expenses at the end of 2021.
By Andrew Maloney
4 minute read
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