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 23, 2022 | The American Lawyer
Marked Slowdown in M&A Hasn't Led to Layoffs, but Personnel Decisions ContinueRumors of layoffs tend to circulate when the industry hits a downturn, but thus far most firms are taking a more nuanced approach as they look to "rightsize" after a frothy 2021.
By Patrick Smith
6 minute read
September 20, 2022 | The American Lawyer
It's Getting Worse: The Gender Pay Gap Among Senior Marketing Professionals Is WideningPay has increased across the board over the last several years, but the rising tide is lifting some ships more than others.
By Patrick Smith
7 minute read
September 20, 2022 | International Edition
Paul Hastings' Big Talk, Big Hires and Big ExpectationsPaul Hastings has made waves with bold statements and bolder hires. Does the firm trajectory warrant the chatter?
By Patrick Smith
11 minute read
September 19, 2022 | The American Lawyer
Deal Watch: Wachtell, Fenwick, Kirkland, Skadden and DLA Lead Two Megadeals Worth a Combined $34BDeal volume this past week was above average for the year while value was sky-high thanks to two $14 billion-plus deals.
By Patrick Smith
8 minute read
September 15, 2022 | The American Lawyer
'We Are Not Our Clients': Cadwalader's Nick Gravante on Nonpartisan RepresentationThe lawyer shares what concerns him about the current law firm environment and how he came to represent Biden family members and executives with the Trump administration.
By Patrick Smith
9 minute read
September 13, 2022 | The American Lawyer
Allen & Overy Debt Finance Duo Exit for White & CaseWhite & Case continues to lean into debt finance, with now 10 lateral partners in the global practice so far this year.
By Patrick Smith
4 minute read
September 13, 2022 | The American Lawyer
Weil Takes Mayer Brown White-Collar Defense Co-LeaderDaniel Stein will now co-lead Weil's white-collar defense, regulatory and investigations practice.
By Patrick Smith
3 minute read
September 12, 2022 | The American Lawyer
Deal Watch: Latham, V&E, Kirkland, Gibson Lead Major Energy Deals in Slow M&A WeekThe energy sector had two deals totaling $10 billion last week while the rest of the M&A landscape was quiet.
By Patrick Smith
3 minute read
September 09, 2022 | The American Lawyer
How Will Law Firms Enforce Their Office Returns in the Fall? Very CarefullyNow that summer is over and many pandemic restrictions are gone, law firms want more workers in the office. But enforcing that remains a struggle.
By Patrick Smith
7 minute read
September 07, 2022 | The American Lawyer
It's Official: Kramer Levin Formalizes DC-Based Congressional Investigations PracticePresidential impeachment trial veteran Barry Berke will lead the practice, which serves to formalize the work the firm is already doing as it increases its presence in Washington, D.C.
By Patrick Smith
4 minute read
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