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].
January 18, 2022 | The American Lawyer
Dorsey Finds Growth Opportunities in Phoenix"We're looking for our next growth spot like that and I'm hoping Phoenix is it," said Bill Stoeri, the firm's managing partner.
By Andrew Maloney
3 minute read
January 14, 2022 | The American Lawyer
Inflation Prompts Anxiety Over Transactional Cooling, Rising Big Law CostsSome law firm leaders fear inflation could lead to multiple interest rate increases, potentially throttling M&A deals.
By Andrew Maloney
4 minute read
January 12, 2022 | The American Lawyer
With Competitive Billing Rates and Lower Costs, Midsize Firms Led Profit GainsMidsize firms benefited from a confluence of factors last year. "We've gotten more at-bats in the last 12 to 18 months than we were getting before COVID hit," said one midsize firm leader.
By Andrew Maloney
5 minute read
January 11, 2022 | The American Lawyer
Midsize Law Firm Consolidation Heats UpMergers and group hires in the midsize legal market are continuing at a brisk pace, with the latest in Denver, Dallas and Chicago.
By Andrew Maloney
3 minute read
January 11, 2022 | The American Lawyer
Associate Turnover Costs Temper Expectations After 'Extraordinary' 2021The associate turnover rate reached 23.2% on a rolling, 12-month basis through November, "significantly" above the rate seen in late 2019, according to a new report.
By Andrew Maloney
5 minute read
January 04, 2022 | The American Lawyer
Midsize Law Firms Kick Off Expansion and Merger Deals in 2022Overall law firm merger activity has slowed down during the pandemic, but several midsize or regional firms have expansion plans for 2022.
By Andrew Maloney
5 minute read
January 04, 2022 | The American Lawyer
How Can Big Law Fix Its Biggest Problems?From the bane of the billable hour to talent woes and culture concerns, the industry's most pressing problems lack easy solutions. But it doesn't take a magic wand to make progress.
By Andrew Maloney
12 minute read
December 29, 2021 | The American Lawyer
At Sidley, Firm Seeking Diversity Through More PathsSidley, which just boosted its diversity of office leaders, now has several approaches in its talent goals.
By Andrew Maloney
5 minute read
December 29, 2021 | The American Lawyer
The Latest Cravath Exit Becomes Early Signal of 2022 Lateral Market"When you change something as dramatic as the comp system, there is going to be fallout," said one recruiter about changes to lockstep pay.
By Christine Simmons | Andrew Maloney
4 minute read
December 23, 2021 | Law.com
Weeks After Ditching Lockstep, Cravath Loses Partner to Davis PolkThe move, which continues a string of hires for Davis Polk this year, comes weeks after Cravath modified its lockstep compensation model in the wake of previous lateral departures.
By Andrew Maloney
3 minute read
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