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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].
November 22, 2022 | The American Lawyer
"We're seeing higher planned rate increases at this point than we've ever seen, and we've been tracking this for 15 years," said a Wells Fargo analyst.
By Andrew Maloney
4 minute read
November 21, 2022 | The American Lawyer
Expectations for a quick surge in profitability appear to have fallen.
By Andrew Maloney
4 minute read
November 18, 2022 | The American Lawyer
"If you're not coming in, there's going to be consequences," said one associate recruiter.
By Andrew Maloney
4 minute read
November 15, 2022 | The American Lawyer
Average law firm net income fell by 7.3% and profits per equity partner was down 8.5% through the first nine months of 2022, according to a new Wells Fargo report.
By Andrew Maloney
3 minute read
November 14, 2022 | The American Lawyer
Linklaters, Holland & Knight and Jenner & Block are some of the latest big firms to siphon talent from competitors in the energy space.
By Andrew Maloney
4 minute read
October 26, 2022 | The American Lawyer
The gap between policies is "bad for morale, bad for culture, bad for employee engagement," said Withum's Marci Taylor.
By Andrew Maloney
4 minute read
October 24, 2022 | The American Lawyer
Law firms are using the softer demand environment to address weak spots that were difficult to cut before.
By Andrew Maloney
5 minute read
October 19, 2022 | The American Lawyer
Partners in Dallas, Atlanta, Houston and Minneapolis reported the largest gains in average compensation, while Philadelphia, Los Angeles and Miami all reported noticeable declines.
By Andrew Maloney
4 minute read
October 19, 2022 | The American Lawyer
The firm's addition of Chicago-based Eric Walker comes as Cooley sees more restructuring demand. Many of the firm's clients are getting to a point where they need restructuring services, said Cooley's Cullen Speckhart.
By Andrew Maloney
3 minute read
October 18, 2022 | The American Lawyer
Corporate partners, with the highest pay increase, saw a staggering 26% spike up to about $1.49 million.
By Andrew Maloney
5 minute read
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