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
June 29, 2021 | The American Lawyer
Milbank Adjusts Associate Salary Increases, Matches Top of MarketThe firm originally set the round of associate pay increases, only to be topped by Davis Polk.
By Patrick Smith
2 minute read
June 29, 2021 | The American Lawyer
'We Get Back a Commitment From Them': Why Katten Decided to Raise Business Pro Salaries Across the BoardThe raise is independent of merit-based increases and the firm's annual year-end bump in pay.
By Patrick Smith
4 minute read
June 29, 2021 | The American Lawyer
The Art of Developing and Maintaining Make-or-Break Client RelationshipsIn a competitive landscape that has flooded clients with choices, innovative thinking and flexibility are at the heart of law firms' efforts to keep major clients satisfied and bring in new ones.
By Patrick Smith
11 minute read
June 28, 2021 | The American Lawyer
Deal Watch: 11 Billion-Plus Deals, Lots of IPOs as M&A Continues Extraordinary RunSummer is in full swing, but the deals, SPACs and IPOs keep coming.
By Patrick Smith
15 minute read
June 28, 2021 | The American Lawyer
An M&A Talent Bubble Is Forming. What Happens When It Pops?Law firms are scrambling to hire and retain young lawyers to handle transactional work. "How many associates will be left without chairs when the music stops?"
By Patrick Smith
7 minute read
June 25, 2021 | The American Lawyer
Is It Time for the Legal Industry to Stop Following New York?Most law is practiced outside the New York bubble, and it might be time to recognize what is good for New York isn't necessarily best for the rest of the legal community.
By Patrick Smith
7 minute read
June 23, 2021 | The American Lawyer
M&A Can't Go on Like This Forever ... Can It?While history answers with an emphatic no, there is a bullish attitude toward deal work in 2021 that suggests the end of this wave is in fact not nigh.
By Patrick Smith
5 minute read
June 23, 2021 | The American Lawyer
Goodwin's Tech Practice Nabs 7 Partners From Orrick, Latham, Jones DayAlready a heavy-hitter in the red-hot practice area, Goodwin has added dozens of lawyers to its technology group this year, including a dozen in this move.
By Patrick Smith
4 minute read
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&AThree 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
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