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
April 14, 2022 | The American Lawyer
McDermott Advises Elon Musk as He Guns for TwitterAttorneys John Lutz and Heidi Steele are counsel in the matter, as Musk offers to buy Twitter in a deal valuing the social-media giant at more than $43 billion.
By Patrick Smith
3 minute read
April 12, 2022 | The American Lawyer
Mintz Grabs IP Group From Cooley, Expanding Life Sciences PresenceThe firm has highlighted its focus on life sciences for several years as it expands its LS prosecution and IP presence on the East Coast.
By Patrick Smith
3 minute read
April 11, 2022 | The American Lawyer
Mintz Sees 27.6% Net Income Growth, Crosses $2 Million in PEP for First TimeThe firm has now set new annual revenue records for the seventh consecutive year.
By Patrick Smith
4 minute read
April 11, 2022 | The American Lawyer
Deal Watch: What's Behind the Steep Decline in SPACS?A massive dropoff in activity, higher redemption rates and proposed new scrutiny by the SEC have taken their toll on the darling of the M&A world for the last two years. Is the SPAC done?
By Patrick Smith
6 minute read
April 05, 2022 | The American Lawyer
Private Capital, Investment Management Fuel Strong Bounceback Year for SchulteA down 2020 gave way to a solid financial performance in 2021 as the firm saw double-digit PPP growth and a jump in revenue.
By Patrick Smith
5 minute read
April 04, 2022 | The American Lawyer
Paul Weiss Lands Former Kirkland Partner, SEC Fellow for Corporate DepartmentAaron Schlaphoff advises global asset management firms on a variety of legal and regulatory matters.
By Patrick Smith
3 minute read
April 04, 2022 | The American Lawyer
Deal Watch: Q1 Tops $1 Trillion, but Year-to-Date Down 23% as M&A Activity WanesThe seventh consecutive quarter to pass $1 trillion was a big drop from last year and could be a sign of a more muted 2022 for deal activity.
By Patrick Smith
8 minute read
April 04, 2022 | The American Lawyer
Simpson Thacher Announces New Chair as Dougherty Steps DownSimpson's Alden Millard will succeed outgoing chair Dougherty, who led the firm since 2013.
By Patrick Smith
4 minute read
March 31, 2022 | The American Lawyer
Weil Rides Balance to Double-Digit Revenue, Net Income Growth in 2021Revenue per lawyer was up 7.4% to $1.57 million while the firm's profits per equity partner jumped 14.8% to $5.18 million, the first time the firm has crossed the $5 million threshold.
By Patrick Smith
5 minute read
March 30, 2022 | The American Lawyer
Records Set, Milestones Reached as Elite New York Firms Rode Deals and Demand to Stellar 2021While some firms performed better than others, all of the 19 homegrown New York firms were in the black and every one showed double-digit PEP growth.
By Patrick Smith
5 minute read
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