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
September 17, 2020 | The American Lawyer
New Matter Generation Back to Pre-COVID-19 Baseline, but Worries Remain, Survey FindsThe latest survey from legal software company Clio shows business steadily increasing across multiple practice areas and geographic regions, but respondents still have grave concerns about this quarter and beyond.
By Patrick Smith
5 minute read
September 16, 2020 | The American Lawyer
Quarles Splitting Leadership Role Into 2Firms have had some time to review how their current structures are serving them and their clients, and in some cases that means a reorganization of roles.
By Patrick Smith
5 minute read
September 16, 2020 | The American Lawyer
Why Law Firms Seem to 'Eat Their Young' During DownturnsEvery firm leader is aware of the potential damages inherent in focusing on short-term returns, but the legal model and the environment they work in make the decision process complicated.
By Patrick Smith
8 minute read
September 16, 2020 | The American Lawyer
Jenner Promotes 5 Women to Practice Leadership RolesCo-managing partner Katya Jestin said the promotions were a natural extension of having made the right hires and fostering their respective growth.
By Patrick Smith
4 minute read
September 15, 2020 | The American Lawyer
Male Partner Compensation Grew at Nearly Twice the Rate of Female Partner Comp in Last 10 YearsMale equity partners saw the biggest increase, while non-equity males and female partners were left short.
By Patrick Smith
4 minute read
September 14, 2020 | The American Lawyer
Deal Watch Sunday Funday: Latham, Davis Polk, MoFo, Watchtell Primaries on $60B in Sunday DealsIt isn't the first time that some big deals have come through on Sunday evening, but the size of the two deals is encouraging for corporate practices that have been decimated by the pandemic.
By Patrick Smith
4 minute read
September 11, 2020 | The American Lawyer
What Role Do Firms Play When There's an Adverse Effect in a Vaccine Clinical Trial?Pausing the AstraZeneca COVID-19 vaccine trial is news, but it wasn't unexpected and pharma companies and their law firms have plans in place.
By Patrick Smith
5 minute read
September 08, 2020 | The American Lawyer
Mix of Big, Boutique Firms Among Kanye2020's $400k Legal SpendViewed by many as a vanity campaign, Democrats and Republicans are taking it seriously for different reasons.
By Patrick Smith
4 minute read
September 07, 2020 | The American Lawyer
Election Day Becomes a Holiday at More Big Firms, but Will It Stick?Akin Gump, Crowell & Moring and Stroock are the latest firms to give paid time off on Election Day.
By Patrick Smith
3 minute read
September 04, 2020 | The American Lawyer
Amid Black Lives Matter Movement, a Different Lateral Market for Black PartnersGeorge Floyd's tragic death has pushed firms to confront their shortcomings on racial equality. The under-examined Black partner lateral market could see some changes as a result.
By Patrick Smith
5 minute read
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