Andrew Maloney

Chicago

Reporter covering the Business of Law at American Lawyer

Reporter covering the Business of Law at Law.com

Business of law @AmericanLawyer. Stats, sports, books, music. Be the person your dog thinks you are.

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Articles

Healthy Billing Rate Hikes Aren't Just For the Am Law 50

1 week ago | ourcommunitynow.com | Andrew Maloney

According to Am Law data, firms expecting to increase rates by 7% to 9% this year are almost evenly split between the First Hundred and Second Hundred.
Healthy Billing Rate Hikes Aren't Just For the Am Law 50

1 week ago | law.com | Andrew Maloney

For the full 2025 Am Law 200 report, click here. For more ways to analyze the data, go to Law.com Compass. Last year was another high-water mark for Big Law on billing rates. And firm leaders, consultants and industry observers aren't expecting the flood to recede any time soon.
Some Positives For Legal Industry in Q1, but Next Few Quarters May Be 'Rocky'

1 week ago | law.com | Andrew Maloney

All things considered, law firms were successful during the first quarter, as they once again “pushed the envelope” on billing rates and saw an uptick in demand. But arguably less deal work than expected, as well as increasing expenses and broader economic uncertainty, may be signs of a rocky few quarters ahead, according to a new report released Monday.
Dickinson Wright Joins Seattle Push Via Merger With Local Firm

2 weeks ago | law.com | Andrew Maloney

Dickinson Wright has joined the rush to the Pacific Northwest, announcing a combination that will give the Am Law 200 firm an outpost in Seattle. The firm this week said it had completed a merger with local firm Ashbaugh Beal, a move that brings an "elite group" of 11 lawyers specializing in construction, corporate, real estate and litigation, among other areas, to Dickinson Wright, while also giving it its first office in the region.
Barnes & Thornburg, With More Strength in Hiring, Increases Revenue 8%

2 weeks ago | law.com | Andrew Maloney

With real estate and labor practices spiking, firm headcount increasing and several deal lawyers notching their “best year ever” last year, Barnes & Thornburg grew revenue more than 8%, up to nearly three-quarters of a billion dollars. The Indianapolis-founded firm, which also increased billing rates about 6% while increasing total hours billed, saw profits per partner rise about 2.4%, to $1.274 million and revenue per lawyer increase by about 4%, to $971,000.
Seyfarth, Looking to 'Supercharge' Growth, Saw Double-Digit Profit Gains in 2024

2 weeks ago | law.com | Andrew Maloney

Despite a drop in total lawyers, Seyfarth Shaw increased revenue nearly 6% in 2025, to about $932 million, with demand for signature practices like labor and real estate, as well as high-single-digit billing rate growth and lateral additions who were able to “supercharge” performance. The firm also saw double-digit profit per partner growth (about 12%), to roughly $1.7 million, and revenue per lawyer growth of about 8%, to $1.04 million.
Sidley Ramps Up Lateral Hiring After Year of Double-Digit Growth

2 weeks ago | law.com | Andrew Maloney

Sidley Austin has brought on about 40 lateral partners in the first four months of 2025, powering through a strategy to target high-performing lateral talent and teams, the firm said, who already overlap with existing clients. The firm’s lateral hiring in 2025 is already up from about 26 partners in all of 2024. The lateral strategy comes after a blockbuster financial year for Sidley, in which the firm’s gross revenue rose more than 10% to $3.49 billion.
Sidley Ramps Up Lateral Hiring, After Year of Double-Digit Revenue, Profit Growth

2 weeks ago | law.com | Andrew Maloney

Sidley Austin has brought on about 40 lateral partners in the first four months of 2025, powering through a strategy to target high-performing lateral talent and teams, the firm said, who already overlap with existing clients. The firm’s lateral hiring in 2025 is already up from about 26 partners in all of 2024. The lateral strategy comes after a blockbuster financial year for Sidley, in which the firm’s gross revenue rose more than 10% to $3.49 billion.
Jenner Hires Former GC to House Speaker Johnson

2 weeks ago | law.com | Andrew Maloney

As Jenner & Block battles against the Trump administration over its executive order, the law firm is continuing to hire former government officials.
Associate Exits, Labor Complaint Against Skadden Among the Latest in Backlash to Trump Deals

3 weeks ago | law.com | Andrew Maloney

Scrutiny on law firm deals with the Trump administration, both from within and beyond Big Law, mounted this week, with additional associates announcing resignations at Kirkland & Ellis and a workers’ rights group claiming Skadden, Arps, Slate, Meagher & Flom unfairly limited employee discussions about it. Those moves came as more Democratic lawmakers sent another batch of letters requesting details about the deals and urging law firms to disavow them.