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].
December 05, 2024 | The American Lawyer
Highest-Earning Partners May Be Looking to Cash In on Early RetirementWith partner pay escalating, some of the highest-paid partners are really looking to call it quits early.
By Andrew Maloney
5 minute read
December 05, 2024 | The American Lawyer
Law Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With ChallengesAn "aggressive" lateral market as well as expense pressure and partner integration will challenge firms in 2025, even as they are looking to build on an already strong position.
By Andrew Maloney
5 minute read
December 02, 2024 | The American Lawyer
Kirkland Hires Real Estate Finance Partners in New YorkKirkland & Ellis has announced the addition of two real estate partners in New York—one from Schulte Roth & Zabel and the other from Fried, Frank, Harris, Shriver & Jacobson.
By Andrew Maloney
2 minute read
December 02, 2024 | The American Lawyer
To Ease Partner Pay Tensions, Some Law Firms Are Seeking 'Middle Ground' in TransparencyFirms are taking a variety of approaches to relieve the internal tension that comes from releasing partner pay data.
By Andrew Maloney
5 minute read
December 02, 2024 | The American Lawyer
Weil Lures Laterals in Banking, Executive CompAfter some notable departures, Weil has added partners from Fried Frank and White & Case.
By Andrew Maloney
3 minute read
November 27, 2024 | The American Lawyer
Big Firms May See 'Uncomfortable Flashbacks' as Cost Pressure Grows"There continues to be quite a bit of expense pressure,” contributing to big firms pressing forward with billing rate increases, noted Wells Fargo's Les Starck.
By Andrew Maloney
4 minute read
November 25, 2024 | The American Lawyer
Polsinelli's Revenue and Profits Surge Amid Partner De-Equitizations, RetirementsWith revenue growing 13%, practices such as health care, real estate, labor and employment and litigation were “clicking on all cylinders," said the firm's CEO.
By Andrew Maloney
5 minute read
November 22, 2024 | The American Lawyer
Battle for Top Talent Accelerates Amid Profit and Demand Surge“There’s basically no firm that’s immune from market pressure, with very rare exceptions,” said one legal recruiter.
By Andrew Maloney
5 minute read
November 21, 2024 | The American Lawyer
Latham Lures Restructuring Partners From Weil, Paul WeissThe elite firm said Ray Schrock is joining the firm along with two other Weil partners: Candace Arthur and Alexander Welch. Additionally, Andrew Parlen is rejoining from Paul Weiss.
By Andrew Maloney
2 minute read
November 19, 2024 | International Edition
Law Firms See Double-Digit Profit Growth as Billing Rates RiseBilling rate growth continues to drive law firms' performance in 2024.
By Andrew Maloney
5 minute read
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