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].
October 30, 2024 | The American Lawyer
Could AI Investments Be Another Driver of Law Firm Mergers?Some law firms have said they are interested in a combination with a larger firm partly "to have the scale necessary to properly invest in technology," said one merger consultant.
By Andrew Maloney
4 minute read
October 30, 2024 | The American Lawyer
BCLP Adds Former Seattle Mayor to Lead White Collar PracticeJenny Durkan was mayor of Seattle from 2017 to 2021. Before that she led Quinn Emanuel's cyber practice and served as U.S. attorney for the Western District of Washington.
By Andrew Maloney
3 minute read
October 25, 2024 | The American Lawyer
The Practices With the Highest Jumps in Partner Pay"It's definitely a good time to be a law firm partner," said Major, Lindsey & Africa's Louis Ramos, referring to a survey showing partners are relatively happy with their pay.
By Andrew Maloney
4 minute read
October 24, 2024 | The American Lawyer
Average Partner Pay 'Surges' in Both Equity and Nonequity TiersThe average origination amount for a partner also shot up last year, amid a general trend of partners maintaining bigger books of business.
By Andrew Maloney
5 minute read
October 23, 2024 | The American Lawyer
When It Comes to Law Firm Mergers, Are Firm Leaders Getting FOMO?"If the good ones are pairing up, you don't want to be the ones [left]," noted one industry observer.
By Andrew Maloney
5 minute read
October 22, 2024 | The American Lawyer
At Least a $5M Book of Business: Partner Expectations TightenMore top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.
By Andrew Maloney
5 minute read
October 18, 2024 | The American Lawyer
Rates Will Go Up (Again), But Here's Why Profitability Might Not Be MaximizedThere are three major pricing errors, and many partners "don't grasp the balance between costs, pricing and profits," one expert says.
By Andrew Maloney
4 minute read
October 16, 2024 | The American Lawyer
Sidley E-Discovery Team, Including Practice Founder, Heads to RedgraveThe 10-lawyer lateral group is Sidley's Washington, D.C.-based data team, including the co-chair and founder of the Sidley practice, Robert Keeling.
By Andrew Maloney
4 minute read
October 16, 2024 | The American Lawyer
Mayer Brown Restructuring Leader Heads to Jenner to Co-Chair PracticeThe two-partner move includes Doug Spelfogel, who was a co-leader in restructuring in Mayer Brown's New York office, and partner Derek Wright in Chicago.
By Andrew Maloney
3 minute read
October 14, 2024 | The American Lawyer
Cutting Partner Compensation Becomes Routine in Big LawSome firms are making sharper pay cuts of partners, helping them pay their top performers.
By Andrew Maloney
5 minute read