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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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November 27, 2023 | The American Lawyer

A Lifetime of Learning and Laughing: Gary Naftalis on Lessons Learned Amid a 50-Year Legal Career

Naftalis, recently awarded a Lifetime Achievement honor by The American Lawyer, spent his career leveraging intelligence, wit and compassion. "Don't take yourself too seriously," he reminds younger lawyers.

By Patrick Smith

5 minute read

November 27, 2023 | The American Lawyer

Paul Hastings Continues Growing Funds Practice, Landing Partner From Skadden

Anna Rips, who was at Skadden for 17 years, is the eighth partner to join Paul Hastings' funds practice in the last nine months, the firm said.

By Patrick Smith

3 minute read

November 21, 2023 | The American Lawyer

New York Law Firms See Good News, But Still Have Some Cause for Concern

"We've been incredibly fortunate to have had a lot more stability and excitement in our own work during 2023," Wachtell's Adam Emmerich said.

By Patrick Smith

7 minute read

November 20, 2023 | The American Lawyer

Wachtell Seeks Balance Between 'Continuity and Change'

The Wall Street firm may keep its same approach in firm operations for as long as possible, whether it's the firm's lockstep compensation system, partnership structure or practice-area focus.

By Patrick Smith

8 minute read

November 13, 2023 | The American Lawyer

Deal Watch: IPOs Not Coming Back in 2023

Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."

By Patrick Smith

6 minute read

November 13, 2023 | The American Lawyer

Paul Weiss Hires O'Melveny Partner to Co-Chair Financial Services Group

The New York law firm is the latest to recruit from a competitor to build its financial services regulatory group, amid sustained client demand in this practice.

By Patrick Smith

3 minute read

November 13, 2023 | The American Lawyer

Kirkland Partner Moves to Weil as NY Firm Grows Private Funds Practice in DC

Christopher Scully said that Weil's funds client base "covers the full sponsor spectrum" and allows for opportunity.

By Patrick Smith

3 minute read

November 09, 2023 | The American Lawyer

'Everyone Was in the Dark': For Stroock Staff, No Communication, No Jobs

"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.

By Patrick Smith

7 minute read

November 07, 2023 | The American Lawyer

Wachtell Appoints New Leadership, Naming Nussbaum and Savitt as Co-Chairs

Ed Herlihy and Daniel Neff will remain on the firm's executive committee.

By Patrick Smith

2 minute read

November 07, 2023 | The American Lawyer

Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive Pay

Cravath has been approaching counsel-level attorneys about joining its non-equity tier since at least last summer, according to one Am Law 50 firm leader.

By Justin Henry | Patrick Smith

4 minute read