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 23, 2021 | The American Lawyer
After Overhauling How Deals Get Done During the Pandemic, Lawyers Say Changes Are 'Here to Stay'From the IPO road show to crunch-time negotiations and force majeure clauses, deal lawyers have changed how they do business in the past year. They don't intend to go back.
By Andrew Maloney
10 minute read
March 22, 2021 | The American Lawyer
Mayer Brown Notches More Revenue Growth, 11% Profit GainThe firm's equity partner ranks dipped, while its nonequity tier expanded, with the firm pointing to "robust" partner promotions.
By Andrew Maloney
4 minute read
March 18, 2021 | The American Lawyer
Armstrong Teasdale Used Lateral Hires and New Offices to Push ForwardThe addition of 53 lateral attorneys "brought additional revenue to the table," said the firm's managing partner.
By Andrew Maloney
4 minute read
March 17, 2021 | The American Lawyer
Show Me the Money: Big Law in Missouri Sees Profits SurgeHusch Blackwell, Shook Hardy and Polsinelli—all with roots in the Show-Me state—had profits per equity growth last year above 16%.
By Andrew Maloney
6 minute read
March 16, 2021 | The American Lawyer
Latham, With High Demand Across Practices, Posts Double-Digit Revenue, Profit Gains"It wasn't a year where expense savings or head count reduction in any way shape or form led to the really nice year that we had," said firm leader Rich Trobman.
By Andrew Maloney
5 minute read
March 16, 2021 | The American Lawyer
Jenner Turns Attention to Financial Litigation Adverse to BanksThe firm wants to represent clients "in a conflict-free way if they feel aggrieved by a financial institution," firm co-managing partner Katya Jestin says.
By Andrew Maloney
4 minute read
March 12, 2021 | The American Lawyer
Latham Selects New Vice-Chair, as Firm Evaluates Post-Pandemic FutureLisa Watts will help set priorities for the partnership. "Are there efficiencies we can use going forward? I think the answer to that is clearly 'yes.'" Watts said.
By Andrew Maloney
4 minute read
March 10, 2021 | The American Lawyer
Big Firms Headed Off 'Great Unknowns' by Pre-Paying BillsAm Law 200 firms leaders said they wanted to get a jump-start on reducing this year's risk by prepaying more so than usual.
By Andrew Maloney
4 minute read
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