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].
July 23, 2024 | The American Lawyer
With 'Stars Aligned,' Polsinelli Adds More Than 20 Partners From Holland & KnightPolsinelli, raiding Holland & Knight, will launch in Philadelphia with one of the "premier" executive comp and employee stock ownership plan practices in the U.S., the firm said.
By Andrew Maloney
4 minute read
July 23, 2024 | The American Lawyer
Am Law 50 Law Firms See Uptick in Partner Hiring, With Focus on Funds and White-Collar PracticesPartner moves in investment management, funds and white-collar defense practices in four major markets have more than doubled from the same time as last year, Macrae said.
By Andrew Maloney
4 minute read
July 19, 2024 | The American Lawyer
Stricter Lateral Exit Policies Become More Common Across the Legal IndustryLaw firms are increasingly using lateral departure deterrence methods, such as punitive non-competes or debits for unpaid bills, legal industry sources say.
By Andrew Maloney
5 minute read
July 17, 2024 | The American Lawyer
Shook Hardy, Seeking 'Critical Mass' in LA, Adds Trial Lawyers From K&L Gates"To really have a presence in the Los Angeles market and be a litigation powerhouse, I think you need about 45 to 50 lawyers," said Shook Hardy's Los Angeles office managing partner Michael Mallow.
By Andrew Maloney
5 minute read
July 16, 2024 | The American Lawyer
Kirkland and Latham Recruit Private Equity Lateral Partners as PE Deals RiseThe private equity lateral moves highlight the uptick in the PE deal market in 2024.
By Andrew Maloney
3 minute read
July 16, 2024 | The American Lawyer
Shifting Between Guarantees and Fixed Shares, Law Firms Gets Flexible in Lateral PaySome firms are moving between guarantees and fixed shares to pay laterals, or using a blend of both.
By Andrew Maloney
6 minute read
July 15, 2024 | Daily Business Review
Sidley Austin Brings On Former Pillsbury Litigation Leader in MiamiAryeh Kaplan called Sidley's offering "an incredibly well-matched platform for the type of work that I do."
By Andrew Maloney
3 minute read
July 12, 2024 | The American Lawyer
Dechert's Exit and Alston's Arrival Underline Chicago's Ultra-Competitive Market"The firms that have succeeded with growing fast in Chicago have always had one thing in common: they find a team that is really enmeshed in Chicago," said one firm leader.
By Andrew Maloney
6 minute read
July 11, 2024 | The American Lawyer
$20M and Still Going: Is Partner Pay a Bubble?According to some industry observers, $25 million to $30 million is the new top rung for valuable laterals, high-performing partners and some Big Law leaders. It's still very rare, but not unfathomable.
By Andrew Maloney
6 minute read
July 10, 2024 | The American Lawyer
Exit Strategy: The Return From Government to Big Law"Sometimes there's an assumption that they're going to go back to their prior firm," one D.C. recruiter noted. "But sometimes we'll get surprised."
By Andrew Maloney | Abigail Adcox
7 minute read
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