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].
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
February 11, 2022 | The American Lawyer
For Big Law, Here's the Value Proposition to Opening in Smaller MarketsLarge firms continue to enter smaller cities such as Salt Lake City and Austin, where billing rates are often half as much as those in larger markets. But firms can enjoy plenty of benefits in such areas.
By Andrew Maloney
6 minute read
February 10, 2022 | The American Lawyer
When Will the Dust Settle on Associate Pay? As Some Law Firms Wait, Others Make Quiet MovesSome firms are waiting for the associate pay scale to solidify, promising to match the market no matter what. Or they've already—privately—matched Milbank's.
By Christine Simmons | Andrew Maloney
6 minute read
February 08, 2022 | The American Lawyer
Where Are the Next Markets for Big Law Expansion? Check Out These CitiesPopulation gains, tied with the billing rate increases, suggest several cities could be among the next wave of markets for a Big Law boom.
By Andrew Maloney
5 minute read
February 07, 2022 | The American Lawyer
'Ripples All the Way Down': How 1 Chicago Firm See Waves From Big Law MovesNow moves made at the very top of the legal market matriculate through the midsize market far quicker. Just look to 100-attorney firm Levenfeld Pearlstein.
By Andrew Maloney
5 minute read
February 04, 2022 | The American Lawyer
Kirkland Adds Two Debt Finance Partners From Norton Rose FulbrightThe partners are the latest in a string of similar transactional hires for the top-ranked firm so far this year.
By Andrew Maloney
2 minute read
February 03, 2022 | The American Lawyer
Associate Billing Rates Are Growing Faster Than Partner RatesA new report shows higher billing rate increases across the associate ranks, particularly in the first three to six years.
By Andrew Maloney
4 minute read
February 02, 2022 | The American Lawyer
How Hard Are Lawyers Working? Billing Averages Obscure Larger TrendsAttorneys appear to be packing more work into less time, while some legal tasks have gotten palpably more difficult since COVID-19 upended many people's routines.
By Andrew Maloney
5 minute read
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