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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 2, 2023 | The American Lawyer
"Revenue growth was strongest among the largest firms, reverse of the results experienced in 2022 when the Am Law 51-100 outpaced the Am Law 1-50," according to Wells Fargo analysts.
By Andrew Maloney
5 minute read
April 28, 2023 | The American Lawyer
Many young lawyers said they would exchange some of their pay for lower billable hours, a recent survey found. Now more law firms are creating additional paths to partnership with lower hours requirements.
By Andrew Maloney
5 minute read
April 26, 2023 | The American Lawyer
"Everybody agrees the future is bright," said consultant Kent Zimmermann. "It's just—when does that future start?"
By Andrew Maloney
5 minute read
April 18, 2023 | The American Lawyer
Norton Rose has now doubled its lawyer head count in the Midwest, the firm noted, after a lateral group arrival from BCLP.
By Andrew Maloney
4 minute read
April 14, 2023 | The American Lawyer
The contraction in the equity tier and the growth of the nonequity ranks are not a result of de-equitizing partners, but a consequence of significant lateral hiring and its largest-ever partner class, the firm said.
By Andrew Maloney
4 minute read
April 14, 2023 | The American Lawyer
The legal industry personnel would come back to the office at least one more day per week if their firm provided their "ideal" mix of work experiences, a survey suggests.
By Andrew Maloney
4 minute read
February 23, 2023 | The American Lawyer
Several law firm leaders said they're getting more revenue from alternative fee arrangements or ramping up their ability to put them together.
By Andrew Maloney
5 minute read
February 15, 2023 | The American Lawyer
Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
By Andrew Maloney
5 minute read
February 14, 2023 | The American Lawyer
Law firms can see some signs of improvement, including moderating expenses and transactional demand that remains above pre-pandemic levels. But a shaky economy in 2023 could put that in jeopardy.
By Andrew Maloney
4 minute read
February 13, 2023 | The American Lawyer
Legal market "free agency" has only grown during the pandemic era, as isolation and uncertainty frays the bonds many lawyers had with their firms.
By Andrew Maloney | Patrick Smith | Hank Grezlak
10 minute read
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The Texas Lawyer honors attorneys and judges who have made a remarkable difference in the legal profession in Texas.
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS