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Andrew Maloney

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].    

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September 13, 2024 | The American Lawyer

'Underwriting' Laterals Stokes Tension Among Nonequity Partners

Although pay for equity partners is going up, "we are seeing some firms that are not raising compensation for nonequity partners or, in some cases, cutting comp," observed a recruiter.

By Andrew Maloney

5 minute read

September 12, 2024 | The American Lawyer

Morgan Lewis Singled Out in 'Open Letter' Over Intel Discrimination Suit

"Morgan Lewis stated that antisemitic activities would not be tolerated at its firm. Yet it is now defending antisemitic hatred at Intel and attempting to 'out' me," said a plaintiff's open letter posted Thursday.

By Andrew Maloney

4 minute read

September 10, 2024 | The American Lawyer

Second 50 Law Firms Are Moving Up With Game-Changing Combinations

If you're outside the top 50, it's harder to grow through laterals without being dented by attrition of your own, industry analysts say.

By Andrew Maloney

5 minute read

September 10, 2024 | The American Lawyer

With US Expansion 'Ongoing,' Kennedys Launches 2 More Offices on West Coast

Kennedys offices in North America have seen a 62% increase in headcount over the last three years, the firm said.

By Andrew Maloney

3 minute read

September 09, 2024 | The American Lawyer

Google Lawyer Heads to Freshfields' Antitrust Practice

Kevin Yingling was director of competition at Google, where he worked for about 15 years.

By Andrew Maloney

3 minute read

September 06, 2024 | The American Lawyer

Comp Offers for Lateral Partners Now Show Big Law's Buying Power

A lot of firms are now offering make-whole or even "make-better" agreements to get laterals right away, illustrating top firms' buying power and desire to keep growing as demand and billing rates accelerate.

By Andrew Maloney

5 minute read

September 04, 2024 | The American Lawyer

As Dechert Withdraws From Chicago, Shook Hardy Scoops Up White-Collar Leader

Andrew Boutros has longstanding relationships with clients in the telecommunications, food and beverage, engineering and government contracting industries, he said.

By Andrew Maloney

3 minute read

September 03, 2024 | The American Lawyer

Kirkland, Paul Weiss, Weil, McDermott and Other Top Firms Make Lateral Bonanza in NY

All told, Big Law firms announced at least 10 hires in New York, mostly partners, the day after Labor Day.

By Andrew Maloney

5 minute read

August 28, 2024 | The American Lawyer

Second 50 Law Firms Are Trailing Elite Firms and Smaller Peers in Growth

Lower billing rates, more head count, and slowed collections, relative to the top 50, have all contributed to the Second 50's slower growth.

By Andrew Maloney

5 minute read

August 26, 2024 | The American Lawyer

Elite Law Firms Pushed Industry Gains in First Half of 2024

The growth in "rack" billing rates remains the "primary contributor" to revenue growth and "was considerably higher for the Am Law 1-50 (10%) than for the other tiers, said Wells Fargo in its first-half report.

By Andrew Maloney

4 minute read