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 27, 2024 | The American Lawyer
'Detached': Why Big Law May Rethink Its Focus on ProductivityNow, there may be even greater emphasis on the profitability of a practice, not just hours.
By Andrew Maloney
7 minute read
February 26, 2024 | The American Lawyer
Has Big Law Finally Returned to a Point of 'Normalcy'?"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
By Andrew Maloney
6 minute read
February 21, 2024 | The American Lawyer
Consistent Demand and Increased Rates Help Dorsey Edge Closer to $500M MarkDorsey wouldn't close the door on any merger opportunities, said managing partner Bill Stoeri, but adding he's probably more amenable to group laterals and smaller firm acquisitions.
By Andrew Maloney
5 minute read
February 20, 2024 | The American Lawyer
Latham, 'Laser Focused' on Tech and Life Sciences, Snags 2 Partners From CooleyDespite the downturn in tech deals in the last year, Latham said it's a strategic priority to continue to expand its emerging companies capability on the West Coast.
By Andrew Maloney
3 minute read
February 14, 2024 | The American Lawyer
Have Transactional Demand Levels Slowed Lateral Partner Hiring?Partner lateral moves fell in 2023 but remained robust, according to data from Law.com Compass. And it's still a fragmented industry, including in lateral hiring.
By Andrew Maloney
8 minute read
February 14, 2024 | The American Lawyer
Latest Big Law Layoffs Illustrate Inconsistency in Market as Some 'Still Haven't Seen That Bounce Back'"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
By Andrew Maloney
4 minute read
February 13, 2024 | The American Lawyer
Jenner, Looking at 'Stretch' Goals, Reached Double-Digit Revenue and Profit GrowthJenner surpassed even its own revenue target in 2023, while the firm increased PEP by nearly 18% amid a 4% contraction in its equity tier.
By Andrew Maloney
5 minute read
February 01, 2024 | The American Lawyer
Kirkland Adds 5-Lawyer Investment Funds Team From GoodwinThe group hires come two years after Kirkland lured a Proskauer funds group.
By Andrew Maloney
3 minute read
January 31, 2024 | The American Lawyer
With New CEO Starting This Week, Husch Announces New Chair-Elect as WellSt. Louis-based labor and employment partner Joe Glynias will take over for Catherine Hanaway at the start of April.
By Andrew Maloney
5 minute read
January 30, 2024 | The American Lawyer
After Moderate Revenue Gains, Law Firms Plan for Growth in Both Deals and Litigation"The mindset is toward growth as opposed to cutting, and that's a change over the last 18 months," Wells Fargo's Owen Burman said.
By Andrew Maloney
4 minute read
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