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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].
May 10, 2024 | The American Lawyer
"The way the market is structured and has been structured for a long time, it's not really a question of growing productivity, it's how do we mitigate the contraction of productivity?" said Bill Josten, strategic content manager for Thomson Reuters.
By Andrew Maloney
5 minute read
April 30, 2024 | The American Lawyer
Law firm profit margins will decrease because "AI disproportionately impacts non-partner hours," the hours yielding the highest margins, noted a Law.com Pro Fellows report.
By Andrew Maloney
5 minute read
April 29, 2024 | The American Lawyer
The newest recruits from Goodwin are based in Boston, D.C., New York and Houston.
By Andrew Maloney
3 minute read
March 18, 2024 | The American Lawyer
The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
By Andrew Maloney
5 minute read
March 13, 2024 | The American Lawyer
As the firm invested in laterals, the nonequity tier shot up by 11.4%. Meanwhile, average PEP fell by 3.9% to $833,000.
By Andrew Maloney
5 minute read
March 6, 2024 | The American Lawyer
"The movement over the past month has [confirmed that] we're going to continue seeing some of the largest, highest-profit firms have this tremendous recruiting advantage," noted law firm consultant Kristin Stark.
By Andrew Maloney
6 minute read
February 27, 2024 | The American Lawyer
Now, 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
"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 20, 2024 | The American Lawyer
Despite 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
January 29, 2024 | The American Lawyer
It's the third Cravath partner exit this month, as the firm's top competitors continue recruiting from the firm.
By Andrew Maloney
3 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS