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Andrew Maloney

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].    

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January 25, 2021 | The American Lawyer

No Opportunity Wasted: Even as Lateral Hiring Cratered in 2020, Some Stayed Busy

The lateral market dried up when the pandemic hit, falling 30% compared with 2019. But recruiters and opportunistic firms were as busy as ever by year's end.

By Andrew Maloney

7 minute read

January 24, 2021 | The American Lawyer

Sullivan & Cromwell M&A Partner Heads to Paul Weiss

"I expect [Krishna Veeraraghavan] joining us to greatly accelerate a process we've seen over the last [several] years, which is huge growth in our public company M&A practice," said Scott Barshay.

By Andrew Maloney | Christine Simmons

4 minute read

January 20, 2021 | The Recorder

Paul Weiss Builds Northern California Office With Orrick, Kirkland Partner Hires

"This is the first step," said chairman Brad Karp. "Interest has been intense, and I anticipate you'll see several additional hires in the months to come."

By Andrew Maloney

4 minute read

January 19, 2021 | The American Lawyer

Big Firms Bulk Up Teams to Evaluate Profitability

Particularly high-performing firms are now employing a handful of analysts to help them paint more granular pictures of revenue and expenses.

By Andrew Maloney

5 minute read

January 15, 2021 | The American Lawyer

Rate Pressure and Rising Expenses Are Expected to Challenge Firms in 2021

It's dubious firms can boost rates at the same level they did last year—about 5%, said James Jones, a senior fellow at the Georgetown Law Center on Ethics and the Legal Profession.

By Andrew Maloney

6 minute read

January 14, 2021 | The American Lawyer

First Trump, Then His Businesses: Some Firms Flee, While Others Lay Low

Seyfarth joins a slew of corporations, banks and a handful of firms that have pulled away from the outgoing president.

By Andrew Maloney

5 minute read

January 13, 2021 | The American Lawyer

For Partner Pay, Firms Increasingly Look to Profitability

Law firm management has finally learned to tell partners, "It's a $10 million practice, but it costs us $8 million to service," said Jeffrey Lowe, at Major Lindsey & Africa.

By Andrew Maloney

6 minute read

January 12, 2021 | The American Lawyer

Big Law Will See Lasting Changes in Budgets and Remote Work After 2020

Profits per equity partner growth is likely to be "well above 10%" throughout the legal market, according to a new report that details the effects from 2020. 

By Andrew Maloney

4 minute read

January 08, 2021 | The American Lawyer

Last-Minute Merger Cancellation Unusual But Not Unheard Of, Analysts Say

Nelson Mullins and Redgrave never lost sight of conflict-of-interest issues, but they evolved during the course of the negotiations, said Jonathan Redgrave in an interview.

By Andrew Maloney

5 minute read

January 07, 2021 | National Law Journal

Kirkland, McGuireWoods Advise Boeing in Fraud Settlement

Mark Filip, Craig Primis and Patrick Haney of Kirkland and Richard Cullen, Benjamin Hatch and Brandon Santos ofMcGuireWoods represent Boeing, while Thompson & Knight also entered an appearance.

By Andrew Maloney

3 minute read