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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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June 22, 2021 | The American Lawyer

Diversity Fatigue Is Setting In, and Law Firms Must Fight It

"The DEI world can't just be the work of women and people of color. We are not going to see change and movement if it ends up being a people of color-only movement," one Big Law diversity professional said.

By Patrick Smith

6 minute read

June 21, 2021 | The American Lawyer

Deal Watch: Pharma, Publishing and HR Deals Fuel Busy Week in M&A

Three deals north of $4 billion and a slew of SPAC and IPO work have kept firms busy ... maybe too busy.

By Patrick Smith

11 minute read

June 17, 2021 | The American Lawyer

Foley, Goodwin Detail Aspects of Accellion Security Breach, Records Disclose

The security breach that affected Goodwin and Foley & Lardner earlier this year potentially exposed hundreds of individuals' Social Security numbers and financial data.

By Patrick Smith

3 minute read

June 16, 2021 | The American Lawyer

More Top Firms Match Davis Polk, and Skadden Offers More Than Money

Skadden, Arps, Slate, Meagher & Flom, ranked No. 5 in the Am Law 100, is the heaviest hitter to enter the associate salary fray.

By Patrick Smith

4 minute read

June 15, 2021 | The American Lawyer

'Slap in the Face': How Law Firm Staff Feel About Associate Raises

While some professional staff acknowledge that high associate pay comes with the Big Law territory, others are frustrated enough to consider making a move.

By Patrick Smith

5 minute read

June 15, 2021 | The Recorder

Former Chair of O'Melveny's FinTech Practice Heads to Paul Hastings

The move comes as client need for cryptocurrency services heats up.

By Patrick Smith

3 minute read

June 15, 2021 | The American Lawyer

Simpson Thacher Bolsters White-Collar Group as Another SDNY Prosecutor Jumps to Private Practice

Martin Bell will be joining the firm in its New York office July 26, the firm said Tuesday. It's the latest in a series of SDNY prosecutors going into private practice, and the latest addition to former prosecutor ranks at Simpson Thacher.

By Patrick Smith

5 minute read

June 14, 2021 | The American Lawyer

Deal Watch: Big Deals in Data and Energy Lead the Week in M&A

Multiple $4 billion-plus deals in energy and data storage, plus a rather large buy of pest control company Anticimex, highlight a big week in big deals.

By Patrick Smith

8 minute read

June 11, 2021 | The American Lawyer

Fresh Set of Eyes: These Big Law Firms Have New CMOs

Business development and marketing underwent a lot of changes in the last year, and these leaders are marching toward the future at their new firms.

By Patrick Smith

6 minute read

June 11, 2021 | The American Lawyer

The Milbank Salary Raise Is a Gut Check for Big Law

"I feel pretty confident the top-performers will match, but it'll be really interesting to see where that line is drawn," says a managing director with Major, Lindsey & Africa's associate practice group.

By Dylan Jackson | Patrick Smith | Andrew Maloney

5 minute read