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].
January 24, 2024 | The American Lawyer
Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLPThe move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
By Andrew Maloney
5 minute read
January 24, 2024 | The American Lawyer
Where Are Big Law Billing Rates Growing the Fastest?Some lawyers have seen a rate increase above 20%. Overall, lawyers in financial services and health care, and in markets such as Dallas and Houston, all saw notable rate hikes.
By Andrew Maloney
4 minute read
January 23, 2024 | The American Lawyer
A 'Sweatshop'? Lawyers Detest Law Firm Cultures That Emphasize Profitability"Profit-mindedness" was identified as the top law firm culture trait that inspires lawyers' negative feelings toward their firms.
By Andrew Maloney
5 minute read
January 19, 2024 | The American Lawyer
Amid Management Shuffle, Norton Rose Adds Litigation Leaders in ChicagoThe new litigation leaders arrive following some departures within Norton Rose management. They also come amid high expectations for the pace of lawsuits and disputes in 2024.
By Andrew Maloney
5 minute read
January 17, 2024 | The American Lawyer
Even As Billing Rates Increase, Lack of Confidence in Fees and 'Subtle Psychology' May Lead to Less ProfitThe majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
By Andrew Maloney
5 minute read
January 16, 2024 | The American Lawyer
Kirkland, Cooley, Crowell Bring 'Real Impact' C-Suite Leaders to Start the YearThe latest Big Law moves are part of a broader movement to increase skill sets and drive firms forward strategically and financially, at the C-level and elsewhere.
By Andrew Maloney
3 minute read
January 12, 2024 | The American Lawyer
With Scale Top of Mind, More Law Firms Are Willing to Put Merger Option on Table"People are just more willing to listen about the future and creating connections, than in previous years," noted one Am Law 200 leader.
By Andrew Maloney
5 minute read
January 11, 2024 | Texas Lawyer
Dinsmore Enters Texas by Luring 8-Lawyer Litigation Team From Lewis BrisboisAfter the Am Law 200 firm's rapid expansion in Florida, Dinsmore & Shohl has a similar "blueprint" for Texas, chair Josh Lorentz said.
By Andrew Maloney
3 minute read
January 11, 2024 | The American Lawyer
'Drastically Different' Associate Strategies in Big Law and Midsize Firms May Continue in 2024Am Law 100 firms increased their associate ranks by only 1.7% through November, even accounting for their fall classes, according to a report this week.
By Andrew Maloney
5 minute read
January 09, 2024 | The American Lawyer
As Billing Rates Soar, Law Firm Clients Move to Spread Work Around"Many law firms have seen their ability to collect on those increasing rates falter, and clients have become more aggressive about trying to tier work to lower-cost firms," according to a new industry report.
By Andrew Maloney
6 minute read
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