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
November 01, 2021 | The American Lawyer
Law Firms Are Anxious to Resume In-Person Retreats, but Backup Plans Remain"We have learned the important rule of predicting the future," Akin Gump's Kim Koopersmith said. "It is a foolish undertaking."
By Patrick Smith
4 minute read
November 01, 2021 | The American Lawyer
Davis Polk Bulks Up Tax Practice With Cleary Partner"If you are going to grow a large transactional firm, you need to grow those complementary practices," firm chair Neil Barr said.
By Patrick Smith
2 minute read
October 29, 2021 | The American Lawyer
More Bonuses in Store for Big Law's Top Performers After Paul Weiss' MoveOther firms, including Mintz, were already planning special rewards for the busiest nonpartners, and now more are likely to follow.
By Patrick Smith | Andrew Maloney | Jessie Yount
4 minute read
October 28, 2021 | The American Lawyer
Paul Weiss Is Dishing Out 'Discretionary Special Bonuses' to Certain Associates, CounselPaul Weiss is recognizing "outsized" contributions from the first half of the year in the form of a special bonus. But not for everyone.
By Patrick Smith
3 minute read
October 27, 2021 | New York Law Journal
Schulte Roth Lands Veteran Private Capital Attorney from PillsburyThe hire is part of a broader strategy to make hay as investment firm activity in private markets skyrockets.
By Patrick Smith
3 minute read
October 26, 2021 | The American Lawyer
Sharing Power With Young Lawyers May Slow Associate Attrition and Management BurnoutDelegating some leadership duties to younger attorneys is one way to share the burden of leading as well as keeping people around and involved.
By Patrick Smith | Andrew Maloney
6 minute read
October 25, 2021 | The American Lawyer
Deal Watch: Lots of IPOs and SPACs, Including One SPAC Merger That Has Drawn a Lot of InterestNot a huge week for deals, but IPOs and SPACs made noise, including one that involves a former president.
By Patrick Smith
17 minute read
October 22, 2021 | The American Lawyer
Senior Associates Are a Hot Commodity. Orrick Is Lending Out 5 of Them for the Next 3 Years."We wanted to do more than write a check," Mitch Zuklie, chairman and CEO of Orrick, said.
By Patrick Smith
4 minute read
October 21, 2021 | The American Lawyer
Unseen Obstacles May Limit Productivity as Law Firms Return to Offices"You lose some of that 'crank it out' ability you had at home," one law firm business professional said.
By Patrick Smith
5 minute read
October 19, 2021 | The American Lawyer
Former US Ambassador to Thailand Returns to Sullivan & CromwellMichael George DeSombre had been at the firm for 25 prior to taking the ambassadorship in January 2020.
By Patrick Smith
2 minute read
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