Patrick Smith

Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, M&A and corporate work, leadership and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd

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February 10, 2025 | International Edition

Milbank’s Revenue and Profits Hit Record Highs

The record year included 33% growth in average profits per equity partner and a 23% rise in gross revenue. London office revenue was up 40%, the firm said.

By Patrick Smith

4 minute read

February 10, 2025 | The American Lawyer

Milbank’s Revenue and Profits Surge Following Demand Increases Across the Board

The record year included 33% growth in average profits per equity partner and a 23% rise in gross revenue.

By Patrick Smith

4 minute read

February 07, 2025 | Law.com

Return to Work Mandates Among Current Mental Health Stressors for Legal Professionals

In this week's Legal Speak episode, Stacey Dougan, an Atlanta-based lawyer-turned-therapist, expounds on the current state of mental health in the legal profession following a recent string of widely publicized national tragedies and divisive politics.

By Cedra Mayfield and Patrick Smith

1 minute read

February 06, 2025 | The American Lawyer

Lawyers Across Political Spectrum Launch Public Interest Team to Litigate Against Antisemitism

The advisory board for the Center for Legal Innovation, launched by The Louis D. Brandeis Center for Human Rights Under Law, includes Paul Weiss chair Brad Karp, a longtime Democratic party backer, as well as Paul Clement and William Barr, both appointed to top legal roles by GOP presidents.

By Patrick Smith

4 minute read

February 06, 2025 | International Edition

'A Breakthrough Year': White & Case Crosses $4M in PEP, $3B in Revenue

After the nonequity partnership tier expanded by 12.2%, White & Case now has about an equal number of equity and nonequity partners.

By Patrick Smith

6 minute read

February 06, 2025 | The American Lawyer

White & Case Crosses $4M in PEP, $3B in Revenue in 'Breakthrough Year'

After the nonequity partnership tier expanded by 12.2%, White & Case now has about an equal number of equity and nonequity partners.

By Patrick Smith

6 minute read

February 05, 2025 | The American Lawyer

Latham's Lateral Hiring Picks Up Steam, With Firm Adding Simpson Practice Head, Private Equity GC

The firm has now announced at least four lateral partners in the last three days.

By Patrick Smith

3 minute read

February 04, 2025 | New York Law Journal

Debevoise Lures Another SDNY Alum, Adding Criminal Division Chief

"Our clients need the best advice, no matter what or who sits in Washington," said partner Helen Cantwell. "That is why we bring on people like Dan [Gitner] and Nick Folly."

By Patrick Smith

2 minute read

February 03, 2025 | Law.com

Which Legal Tech Jobs Are on the Rise, and Which Aren't, with Jared Coseglia

TRU Staffing Partners' Jared Coseglia on the evolving legal tech talent market, where it is headed, which jobs will likely be 'in demand' and which, perhaps against current belief, won't.

By Patrick Smith and Cedra Mayfield

1 minute read

February 03, 2025 | The American Lawyer

Fried Frank Partner Leaves for Paul Hastings to Start Tech Transactions Practice

Amir Ghavi was co-head of the tech transactions practice at Fried Frank, where he also served as the firm’s “foremost AI counsel."

By Patrick Smith

3 minute read