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 14, 2021 | The American Lawyer
Cleary, Orrick Face $310M Legal Malpractice Suit Over Acquisition ContractThe action stems from the use of the word "buyers" in a 2014 contract. Both firms say the suit lacks merit.
By Patrick Smith
4 minute read
October 13, 2021 | The American Lawyer
Rise of Industry Specialists in M&A Forces Dealmakers to Pick an IdentityWhen clients are approaching a transformative deal, they want their lawyers to know the business well.
By Patrick Smith
5 minute read
October 11, 2021 | The American Lawyer
Deal Watch: 15 SPACs, 17 IPOs as Dealmakers Continue Historic RunIn the IPO scene, Latham & Watkins played a major role last week.
By Patrick Smith
18 minute read
October 11, 2021 | The American Lawyer
Law Firms Are Willing to Pay for More Diverse Lateral Candidates, Raising Questions for RecruitersDemand for diverse legal talent is higher than ever, and recruiters are facing new pressure to place candidates from underrepresented backgrounds at the law firms they call clients.
By Patrick Smith
5 minute read
October 11, 2021 | The American Lawyer
Doubling Up: Goodwin Names New Business Law Co-Chairs as Practice Continues to SurgeThe firm decided that the practice should have two minds overseeing a practice that has doubled in size over the last five years.
By Patrick Smith
4 minute read
October 11, 2021 | The American Lawyer
After More Than 2 Decades, Seth Zachary Will Step Down as Chair of Paul HastingsThe longtime leader, who will have served seven consecutive terms as the firm's chairman, oversaw a period where the firm moved from a regional L.A. outfit to global brand in the legal industry.
By Patrick Smith
4 minute read
October 05, 2021 | The American Lawyer
Sullivan & Cromwell Leads Refinitiv League Tables So Far in Record-Breaking 2021Refinitiv ranked the most active law firms for deal volume and value through Q3. Goodwin Procter had the highest number of deals.
By Patrick Smith
3 minute read
October 05, 2021 | The American Lawyer
'This Is The Right Time': Ropes & Gray Sticks With November for Expanded Reopening, as Other Firms PostponeThe firm is entering its "Phase 2" by asking people to come back a couple days a week, and hoping for more.
By Patrick Smith
2 minute read
October 04, 2021 | The American Lawyer
Deal Watch: M&A Breaks Annual Record in 9 Months; IPOs and SPACs Strike BackFueled by the tech sector, cheap credit and strong stock prices, global M&A in 2021 has already eclipsed the deal value of any year on record.
By Patrick Smith
15 minute read
October 04, 2021 | The American Lawyer
Perkins Coie Appoints Chicago Partner to Lead Growing White-Collar PracticeCaryn Trombino is the first woman to chair the practice and was one of the first women partners in the group.
By Patrick Smith
4 minute read
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