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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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March 10, 2021 | The American Lawyer

As Law Firm Pros Tout Diversity Efforts, Lower-Level Staff Aren't As Impressed

"As we were digging into this, we found that management felt more included in the process, while people lower on the chain felt less so," Jennifer Johnson, CEO of Calibrate Legal, said.

By Patrick Smith

4 minute read

March 08, 2021 | The American Lawyer

Deal Watch: Big Week for Apollo, New SPACs Slow, SPAC Buys on the Rise

Several multibillion-dollar deals and an increase in the number of SPAC mergers highlight recent deal work by Big Law corporate practices as they march toward a strong Q1 finish.

By Patrick Smith

12 minute read

March 08, 2021 | The American Lawyer

Who's at Risk Being Left Behind When Firms Return to the Office?

Associates, new partners and senior partners all have different reasons to want, or not want, to go back into the office. They also could face differing consequences if they don't.

By Patrick Smith

7 minute read

March 05, 2021 | The American Lawyer

Accellion Turns to Latham in Litigation Over Hack That Snared Big Law Firms

The tech company is facing suits in Washington state court and Northern California federal court.

By Patrick Smith

3 minute read

March 04, 2021 | The American Lawyer

Goodwin Rides Life Sciences, Private Equity and Tech to 20% Profit Growth

The firm saw double-digit increases in revenue and PEP in 2020, even as it made the "difficult decision" to cut some staff.

By Patrick Smith

5 minute read

March 04, 2021 | New York Law Journal

Davis Polk Defending Paul Hastings in $55M Legal Malpractice Suit Over Rent Terms

Industry insiders say the suit against Paul Hastings could be a warning of liability claims to come as a result of the depressed real estate market.

By Patrick Smith

3 minute read

March 02, 2021 | National Law Journal

Former FTC Consumer Protection Director Rejoins Covington

Andrew Smith spent several years at the firm prior to moving to the Federal Trade Commission in 2018.

By Patrick Smith

3 minute read

March 02, 2021 | National Law Journal

Pandemic-Related Matters Fueled Covington's Double-Digit Revenue Growth

The D.C. giant saw profit per equity partner growth but it was outpaced by revenue, the inverse of what many peer firms found in 2020.

By Patrick Smith

5 minute read

March 01, 2021 | The American Lawyer

Deal Watch: The Biggest February for M&A Ever

Two $10 billion-plus deals highlight another strong week in a big February for M&A. And what is going on with SPAC valuations?

By Patrick Smith

13 minute read

March 01, 2021 | The American Lawyer

Firms Rallied in Response to the Pandemic, but How Long Can That Intensity Last?

For all the success Big Law had in 2020, in large part due to a common rallying cry, a new problem now comes into play: What happens when that unifying crisis is no longer there?

By Patrick Smith

6 minute read