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 17, 2021 | The American Lawyer
Foley, Goodwin Detail Aspects of Accellion Security Breach, Records DiscloseThe 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 MoneySkadden, 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 RaisesWhile 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 HastingsThe 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 PracticeMartin 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&AMultiple $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 CMOsBusiness 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
June 10, 2021 | Corporate Counsel
'Seems a Bit Tone-Deaf': Clients React to Big Law Associate Pay BumpIn-house counsel may be "frustrated" or "annoyed" by ever-increasing associate pay, but will continue to pay what is necessary for bet-the-company work.
By Patrick Smith, Phillip Bantz and Dan Clark
3 minute read
June 10, 2021 | The American Lawyer
Matching Begins After Milbank Boosted Associate SalariesMcDermott Will & Emery was the first to confirm it had matched Milbank's raise Thursday, and others are following.
By Patrick Smith | Dylan Jackson
2 minute read
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