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].
January 19, 2021 | The American Lawyer
Big Firms Bulk Up Teams to Evaluate ProfitabilityParticularly high-performing firms are now employing a handful of analysts to help them paint more granular pictures of revenue and expenses.
By Andrew Maloney
5 minute read
January 15, 2021 | The American Lawyer
Rate Pressure and Rising Expenses Are Expected to Challenge Firms in 2021It's dubious firms can boost rates at the same level they did last year—about 5%, said James Jones, a senior fellow at the Georgetown Law Center on Ethics and the Legal Profession.
By Andrew Maloney
6 minute read
January 14, 2021 | The American Lawyer
First Trump, Then His Businesses: Some Firms Flee, While Others Lay LowSeyfarth joins a slew of corporations, banks and a handful of firms that have pulled away from the outgoing president.
By Andrew Maloney
5 minute read
January 13, 2021 | The American Lawyer
For Partner Pay, Firms Increasingly Look to ProfitabilityLaw firm management has finally learned to tell partners, "It's a $10 million practice, but it costs us $8 million to service," said Jeffrey Lowe, at Major Lindsey & Africa.
By Andrew Maloney
6 minute read
January 12, 2021 | The American Lawyer
Big Law Will See Lasting Changes in Budgets and Remote Work After 2020Profits per equity partner growth is likely to be "well above 10%" throughout the legal market, according to a new report that details the effects from 2020.
By Andrew Maloney
4 minute read
January 08, 2021 | The American Lawyer
Last-Minute Merger Cancellation Unusual But Not Unheard Of, Analysts SayNelson Mullins and Redgrave never lost sight of conflict-of-interest issues, but they evolved during the course of the negotiations, said Jonathan Redgrave in an interview.
By Andrew Maloney
5 minute read
January 07, 2021 | National Law Journal
Kirkland, McGuireWoods Advise Boeing in Fraud SettlementMark Filip, Craig Primis and Patrick Haney of Kirkland and Richard Cullen, Benjamin Hatch and Brandon Santos ofMcGuireWoods represent Boeing, while Thompson & Knight also entered an appearance.
By Andrew Maloney
3 minute read
January 05, 2021 | The American Lawyer
After Down 2020, Analysts See 'Full-Bore' Appetite for Big Law Mergers in '21Law firm consultants point to increased interest for large firm mergers and continued interest in expansion in the South.
By Andrew Maloney
4 minute read
January 04, 2021 | The American Lawyer
Midwest Merger Push Continues in 2021 as Dinsmore Announces AcquisitionThe Dinsmore and Dentons deals add to a growing list of firms that have put down roots or expanded in the Midwest over the last year or so.
By Andrew Maloney
5 minute read
December 29, 2020 | The American Lawyer
The Advocate and the Argument: Pamela Karlan Pushed Civil Rights Forward in a Major Way in 2020Pamela Karlan was captivated by civil rights at a young age. In 2020, she pushed them further by securing a Supreme Court victory for LGBT rights, earning her recognition as one of The American Lawyer's Attorney of the Year finalists.
By Andrew Maloney
6 minute read