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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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July 29, 2019 | The American Lawyer

Wachtell, Cravath Bring Out Big Guns for $48 Billion Pharma Deal

Ed Herlihy and Mark Greene snagged lead roles as Pfizer moves to merge its off-patent drugs business, Upjohn, with generic drug giant Mylan.

By Patrick Smith

3 minute read

July 28, 2019 | The American Lawyer

Cannabis Has Big Law Seeing Green, but the Am Law 50 Are Skipping the Party

Law firms are rushing to open cannabis practices as the industry booms, including many among the Am Law 200. Why is the top tier taking a pass?

By Patrick Smith

14 minute read

July 26, 2019 | The American Lawyer

Deal Watch: Warren Goes After PE, Apple Buys Modems, International Snacks Make Moves

Senator Warren wants to reign in PE firms, Apple wants supply control and AB InBev gives up on Australia in a food- and tech-driven week in M&A.

By Patrick Smith

7 minute read

July 25, 2019 | The American Lawyer

Memo to Law Firm CMOs: Don't Skimp on Those Partner Bios

A new survey tracks differences in the ways in-house counsel, C-suite executives and law firm marketing chiefs consume and promote information.

By Patrick Smith

3 minute read

July 23, 2019 | The American Lawyer

Diversity Meets the Billable Hour at Dorsey & Whitney

The firm's new “Diversity Hours" policy allows associates to count work and training that promotes diversity toward their billable hours requirements.

By Patrick Smith

3 minute read

July 23, 2019 | The American Lawyer

Morrison & Foerster, Kirkland Deal Vets Land at McDermott

Ze'-ev Eiger and Patrick Rowe are joining McDermott amid a busy spring and summer for lateral activity at the firm.

By Patrick Smith

3 minute read

July 19, 2019 | The American Lawyer

How Kirkland Won a Rematch for Sanctioned Tennis Pro Anna Tatishvili

Tatishvili had her prize money from the 2019 French Open rescinded until partner Javier Rubenstein—a tennis player himself—mounted a successful appeal.

By Patrick Smith

3 minute read

July 19, 2019 | The American Lawyer

Deal Watch: Alt-Legal Consolidation Heats Up

What's new in New Law? Plus: Big cannabis gets bigger for Curaleaf, Blackstone bets on Vungle, Gilead aims to go anti-viral, and other deals keeping big law firms busy.

By Patrick Smith

9 minute read

July 18, 2019 | Pro Mid Market

Here's How Sales Teams Add Value—If They Have Access

While utilization of sales and business development teams has become common at law firms, the level of involvement such teams have in client relationships varies from firm to firm. And how integral they are to the process of retaining and maintaining work is all over the map.

By Patrick Smith

5 minute read

July 17, 2019 | The American Lawyer

Can 'Virtual' Law Firms Help Close the Partner Gender Gap?

A Working Mother survey suggests law firms still have a long way to go to achieve gender parity—even up in the cloud.

By Patrick Smith

6 minute read