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].
March 25, 2021 | The American Lawyer
Paul Hastings, Goodwin, Simpson, Debevoise, Cleary Board the Bonus BandwagonThe bonus payments offer flexibility for firms to change course in future years while offering an incentive for associates to stick around for the rest of the year.
By Andrew Maloney
4 minute read
March 24, 2021 | The American Lawyer
Paul Weiss, Milbank and Skadden Join Latest Push for Special Associate BonusesA trio of elite firms on Wednesday committed to paying out special bonuses on the same scale as Davis Polk, amid a hot associate job market.
By Andrew Maloney
4 minute read
March 24, 2021 | The American Lawyer
With Trials on Hold, Winston Sees Revenue Slide But Profits LiftThe firm had several trials postponed in 2020, but the firm cut expenses while maintaining productivity, Winston's leader said. Some of those expense changes were on the staffing side.
By Andrew Maloney
4 minute read
March 23, 2021 | The American Lawyer
Associate Bonus Battle Hits Big LawA chain reaction of other law firms matching bonuses is expected, but it's going to be expensive for some firms that probably shouldn't be responding, legal analysts said.
By Andrew Maloney
5 minute read
March 23, 2021 | The American Lawyer
After Overhauling How Deals Get Done During the Pandemic, Lawyers Say Changes Are 'Here to Stay'From the IPO road show to crunch-time negotiations and force majeure clauses, deal lawyers have changed how they do business in the past year. They don't intend to go back.
By Andrew Maloney
10 minute read
March 22, 2021 | The American Lawyer
Mayer Brown Notches More Revenue Growth, 11% Profit GainThe firm's equity partner ranks dipped, while its nonequity tier expanded, with the firm pointing to "robust" partner promotions.
By Andrew Maloney
4 minute read
March 18, 2021 | The American Lawyer
Armstrong Teasdale Used Lateral Hires and New Offices to Push ForwardThe addition of 53 lateral attorneys "brought additional revenue to the table," said the firm's managing partner.
By Andrew Maloney
4 minute read
March 17, 2021 | The American Lawyer
Show Me the Money: Big Law in Missouri Sees Profits SurgeHusch Blackwell, Shook Hardy and Polsinelli—all with roots in the Show-Me state—had profits per equity growth last year above 16%.
By Andrew Maloney
6 minute read
March 16, 2021 | The American Lawyer
Latham, With High Demand Across Practices, Posts Double-Digit Revenue, Profit Gains"It wasn't a year where expense savings or head count reduction in any way shape or form led to the really nice year that we had," said firm leader Rich Trobman.
By Andrew Maloney
5 minute read
March 16, 2021 | The American Lawyer
Jenner Turns Attention to Financial Litigation Adverse to BanksThe firm wants to represent clients "in a conflict-free way if they feel aggrieved by a financial institution," firm co-managing partner Katya Jestin says.
By Andrew Maloney
4 minute read
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