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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, 2022 | The American Lawyer

Five Years In, Kaplan Hecker Balances Growth and the Challenges That Come With It

While seeing some growing pains, the firm has increased its client mandates and opened up a D.C. office while head count is expected to grow to over 60 lawyers by year's end.

By Patrick Smith

6 minute read

July 29, 2022 | The American Lawyer

Has Big Law Hit Peak Empathy?

Now that many believe the pandemic is receding, will the increased empathy of the past 2½ years follow it?

By Patrick Smith

6 minute read

July 25, 2022 | The American Lawyer

Deal Watch: As M&A Slows, Dealmakers Mindful of Earnings Reports Ahead

Deal activity continues to be down as markets brace for likely rough earnings reports from major tech companies.

By Patrick Smith

5 minute read

July 21, 2022 | The American Lawyer

Cozen Cuts Ties With Pro Golfer Who Joined Saudi-Funded LIV Tour

Firm CEO Michael Heller said the firm's ongoing 9/11 litigation against Saudi Arabia was a factor in the decision.

By Patrick Smith

3 minute read

July 20, 2022 | New York Law Journal

Baker McKenzie Lands Manhattan DA's Cyber Bureau Chief

Elizabeth Roper is reuniting with Cy Vance. The moves come as large law firms are competing heavily for cybersecurity attorney talent for lucrative data privacy practices.

By Patrick Smith

3 minute read

July 18, 2022 | New York Law Journal

Scramble for Associates, Laterals Leads to Bigger New York Offices

The war for talent, amid high demand in corporate departments, led law firms to bulk up their New York offices, even in the face of high attrition.

By Patrick Smith

8 minute read

July 18, 2022 | The American Lawyer

Paul Hastings Anticipates 'Large and Exponential Effect' From Latham Lateral Team

Firm leader Frank Lopez said the four-partner finance team from Latham in London is "number one in their market," with "significant market share."

By Patrick Smith

4 minute read

July 17, 2022 | New York Law Journal

Stroock Acquires NY Bankruptcy Boutique, Seeking to 'Restock' Practice After Lateral Losses

The firm wants to get its restructuring practice back on its feet after the departure of a 43-lawyer team to Paul Hastings, a Stroock leader said.

By Patrick Smith

3 minute read

July 14, 2022 | The American Lawyer

Should Law Firm Staff Be Worried About Job Cuts and the End of Hybrid Work?

While staff could see lower pay raises in the near future, mass layoffs are unlikely, said staffing experts.

By Patrick Smith

6 minute read

July 13, 2022 | The American Lawyer

Big Law Gears Up for Likely 8-Figure Legal Battle Between Twitter, Musk

Some partner billing rates at Wachtell are close to $2,000 an hour while some Wilson Sonsini's rates hover near $1,000.

By Patrick Smith

7 minute read