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
October 10, 2023 | The American Lawyer
Deal Watch: Energy, the Largest Driver of M&A in 2023, Poised for Deal Barrage (and Maybe the Largest Deal of the Year)Energy and power sectors have usurped technology as the primary driver of M&A activity thus far in 2023. And it doesn't appear it will let up.
By Patrick Smith
8 minute read
October 10, 2023 | The American Lawyer
Paul Hastings Launches Insurance M&A Group With Partners From Sidley, Mayer Brown"We have great existing clients, and this is a way to expand our touchpoints with them," Frank Lopez, chair of Paul Hastings, said.
By Patrick Smith
3 minute read
October 09, 2023 | The American Lawyer
A&O Top Leader Will Likely Helm Combined Firm but Who Exactly Is Not CertainIf the merger is approved, the combined firm is targeted to be effective around May 2024, although the exact date is not clear.
By Patrick Smith
4 minute read
October 05, 2023 | The American Lawyer
Fried Frank Leadership Sees Structural ShiftsWhile the leadership structure is in line with a trend of law firms spreading out management duties, new leadership may lack the diversity of some Big Law peers, especially those with recent changes.
By Patrick Smith
3 minute read
October 04, 2023 | The American Lawyer
Kirkland, Goodwin Lead League Tables as Global M&A Hits 10-Year LowDavis Polk vaulted to No. 4 in the ranking of principal advisers in deal value, while Paul Weiss had the largest jump of the top five.
By Patrick Smith
5 minute read
October 02, 2023 | The American Lawyer
Deal Watch: A Light Week in Deals. Are Bonds to Blame?Maybe not solely, but the high yield on bonds has mitigated lending, adding another brick to the sack being carried by dealmakers in 2023.
By Patrick Smith
5 minute read
October 02, 2023 | The American Lawyer
White & Case's Hugh Verrier Shares Parting Thoughts As a Global LeaderAs he readies to step down as chair, Hugh Verrier reflects on how the profession has changed.
By Patrick Smith
7 minute read
October 02, 2023 | The American Lawyer
Fried Frank's Greenwald to Step Down as Firm Plans New Leadership in 2024Kenneth Rosh will likely step in as the firm's new chair, while Steven Epstein will assume managing partner duties, sources say.
By Patrick Smith
2 minute read
October 02, 2023 | Pro Mid Market
'Cautious But Optimistic': After Slow Adoption, Midsize Firms See Vast Potential For Gen AIAI is trending, but midsize firms will need to spend significant resources on technology, training and talent before they're able to unlock its potential. Four firm leaders told us what they believe it'll take.
By Jessie Yount | Patrick Smith
8 minute read
September 27, 2023 | The American Lawyer
'Our Clients Are Global': Proskauer Expands in Paris With Corporate Group from ShearmanThe four-partner group was at Shearman for a little under two years, having migrated there together from DLA Piper.
By Patrick Smith
3 minute read
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