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 09, 2021 | The American Lawyer
Polsinelli 'Zig-Zags' to Profit, Revenue IncreasesThe firm saw a 16.7% increase in average profits per equity partner that helped it eclipse the $1 million mark.
By Andrew Maloney
4 minute read
March 09, 2021 | The American Lawyer
After Posting Big Profits, Firms Look for Savings They Can KeepSome expenses are likely to creep back up this year. But others may reduce in the long term.
By Andrew Maloney
5 minute read
March 05, 2021 | The American Lawyer
After Early Austerity Measures, Husch Sees 19% Profit Growth"We saw real growth in the top line that has nothing to do with expense cuts," said the firm's chief executive.
By Andrew Maloney
5 minute read
March 03, 2021 | The American Lawyer
Sidley's Revenue and Profits Climb as Firm Leverages Practice MixThe firm was a beneficiary of the "flight to quality" dynamic last year, said firm leader Larry Barden.
By Andrew Maloney
4 minute read
March 03, 2021 | The American Lawyer
Barnes & Thornburg 'Plods' Ahead With Growth, Increasing Revenue and ProfitsThe pandemic didn't stop the Indianapolis-based firm from opening a New York office, hiring laterals and increasing revenue by 8.5%.
By Andrew Maloney
4 minute read
February 25, 2021 | The American Lawyer
9-Lawyer Corporate Deal Team, Including Louis Lehot, Jumps to FoleyFoley was "very comfortable with the work we did and the due diligence we've done in bringing on this group," said the firm's CEO, Jay Rothman.
By Andrew Maloney
3 minute read
February 24, 2021 | The American Lawyer
Despite Early Pessimism, Benesch Grew Profits by 25%The Cleveland-based firm had about $15 million less in expenses than it had initially planned for, said John Banks, chief operating officer for the 250-attorney firm.
By Andrew Maloney
4 minute read
February 23, 2021 | The American Lawyer
Stinson Sees Revenue Dip but a 15% Surge in ProfitsNearly every line item on the firm's expense statement was under budget in 2020, but the firm's leadership expects the trend to reverse later this year.
By Andrew Maloney
4 minute read
February 23, 2021 | The American Lawyer
Top Firms Have Accelerated Growth, but Clients Could Seek Middle Ground in 2021For firms outside the Am Law 50, billing rate pressure and clients divvying up work more systematically may provide growth opportunities in 2021.
By Andrew Maloney
5 minute read
February 19, 2021 | The American Lawyer
Jenner's Profit Surges With Flat Revenue and Head Count Decline"We were pleased, given the headwinds, to have essentially the same gross revenue," said firm co-managing partner Randy Mehrberg in an interview.
By Andrew Maloney
5 minute read
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