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 19, 2021 | Pro Mid Market
With Less Margin For Error, Profitability Becomes a Growing Focus In Compensation At Midsize FirmsLeaner firms are studying profitability, but they may be using different tools or considering additional factors.
By Andrew Maloney
5 minute read
February 17, 2021 | The American Lawyer
Expense Cuts, Early Planning Fueled Dorsey & Whitney's 2020 Profit Jump"We looked to where we could make cuts on the personnel side and do it once—not have multiple rounds," managing partner Bill Stoeri said.
By Andrew Maloney
4 minute read
February 17, 2021 | The American Lawyer
Why Are Chicago Partners So Unhappy With Their Pay?According to a new survey, 28% of Chicago partners are dissatisfied with their compensation—well above the national average.
By Andrew Maloney
5 minute read
February 16, 2021 | The American Lawyer
Winston Acquires Boutique and Hires Sidley Trio to Bulk Up on West CoastThe Am Law 100 firm is acquiring a Los Angeles boutique that has generated about $12 million a year in revenue in recent years.
By Andrew Maloney
3 minute read
February 10, 2021 | The American Lawyer
Big Law's Collections Push, Operational Efficiency Could Continue Into 2021It will be difficult to achieve revenue growth early this year, but firms that remain focused on collection efforts could be in particularly good shape this year.
By Andrew Maloney
5 minute read
February 08, 2021 | The American Lawyer
As Merger Appetite Grows, Firms Focus on Matching Industries and PlacesThe increased focus on alignment between sector and geography is particularly noticeable with emerging tech hubs like Seattle, Boston, Texas and Salt Lake City.
By Andrew Maloney
5 minute read
February 05, 2021 | The American Lawyer
Hire Up: The Week Big Law Built Boutiques, Broke New GroundIn the first week of February, Big Law partners in the lateral market made some bold moves.
By Andrew Maloney
5 minute read
February 03, 2021 | The American Lawyer
Looking for Growth in Tech Deals, Holland Adds Transactions Leader From OrrickGlynna Christian, who advises fintech startups and Fortune 100 companies, said she anticipates clients will move with her to Holland.
By Andrew Maloney
3 minute read
February 02, 2021 | The American Lawyer
Associates Bore the Brunt of Attorney Cuts in 2020Firms employed 1.6% fewer attorneys in 2020 than at the same point in 2019, "a pace reminiscent of 2009 and the Great Recession," according to a new Thomson Reuters Peer Monitor Index report.
By Andrew Maloney
4 minute read
February 01, 2021 | The American Lawyer
After Profits Soared in 2020, Firms Optimistic About Revenue Uptick This YearNet income growth was up an average 9.9% in 2020, while Am Law 50 firms saw a 12.7% rise, according to a Wells Fargo survey of 130 firms.
By Andrew Maloney
4 minute read
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