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
November 07, 2023 | The American Lawyer
Cravath Adds Non-Equity Tier as Big Law Makes Structural Changes for Competitive PayCravath 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
November 07, 2023 | The American Lawyer
Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
By Patrick Smith
8 minute read
November 06, 2023 | The American Lawyer
Momentum in Big Law: Who Has It, Why and What They Do to Keep ItLeaders of Paul Weiss, Davis Polk and Paul Hastings weigh in on how they keep their firms going in the right direction. There are common threads.
By Patrick Smith
8 minute read
November 03, 2023 | The American Lawyer
McDermott Lands Online Platform Litigator from White & CaseJonathan Hawk has worked with many online platforms over the years and his practice seems well positioned as regulators continue to scrutinize online content such as hate speech.
By Patrick Smith
2 minute read
November 02, 2023 | The American Lawyer
Behind Stroock's Dissolution: Partnership Discord and Pension Burdens"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
By Patrick Smith
8 minute read
November 01, 2023 | The American Lawyer
'We Know Who We Are': Frank Ryan Reelected DLA Piper's Americas LeaderUnder Ryan's direction, the firm saw its highest revenue year to date in 2022, growing 6.2% from a strong 2021 to $3.68 billion. The U.S. offices accounted for just over $2 billion of that tally.
By Patrick Smith
4 minute read
November 01, 2023 | The American Lawyer
Debevoise Lands Goodwin Technology M&A Co-Chair Aly Love SimonsAlessandra "Aly" Simons, after close to 10 years at Goodwin Procter, where she ascended to co-chair of that firm's technology M&A practice, is joining Debevoise & Plimpton.
By Patrick Smith
3 minute read
October 31, 2023 | The American Lawyer
As Stroock Plans Its End, Wind-Down Committee to Examine LiabilitiesWhether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
By Patrick Smith
3 minute read
October 27, 2023 | The American Lawyer
Over 30 Stroock Partners to Join Hogan Lovells as NY Firm's Prospects Appear BleakThe partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
By Justin Henry | Patrick Smith
5 minute read
October 26, 2023 | National Law Journal
Paul Weiss Looks to DC to Add Leaders in Litigation PracticeThey join existing co-chairs Ted Wells and Jessica Carey, who are in New York.
By Patrick Smith
2 minute read
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