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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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February 12, 2021 | The American Lawyer

A Recruiter's Post Sparked Outrage, But Does It Reflect a Bigger Problem in the Legal Industry?

As Merle Vaughn, a recruiter at Major, Lindsey & Africa, put it: "If all of these are people you should not hire, who is left?"

By Patrick Smith

7 minute read

February 09, 2021 | The American Lawyer

Inside the 'Virtuous Circle' Driving Wachtell's Mega-Deal Success

Wachtell takes on fewer deals than most of its competitors, focusing on quality over quantity. "Quite simply, we don't have the capacity to do 600 deals a year," partner Adam Emmerich says.

By Patrick Smith

5 minute read

February 08, 2021 | The American Lawyer

Deal Watch: 23andMe Goes Public, Big Pharma Buys, and Even More SPACs

In addition to another week of SPAC creations, many special acquisition companies are making their buys.

By Patrick Smith

14 minute read

February 08, 2021 | The American Lawyer

What Are the Biggest Challenges to Law Firms' Success in 2021?

Many of the challenges that firms overcame in 2020 will remain, while a new docket of issues will make the success of 2020 hard to replicate.

By Patrick Smith

9 minute read

February 05, 2021 | The American Lawyer

Why Law Firms Had So Much Success in 2020 as a Pandemic Raged

Uncommon agility across the industry and a focus on strategic planning drove a strong year for Big Law in 2020, even if everything didn't go quite according to plan.

By Patrick Smith

8 minute read

February 03, 2021 | The American Lawyer

Vendor Responsible for Goodwin Breach Has Some Other Big Law Clients

Accellion, a Palo Alto-based cybersecurity company, was responsible for the breach at Goodwin Procter, sources confirmed.

By Patrick Smith

3 minute read

February 02, 2021 | The American Lawyer

Goodwin Points to 3rd-Party Vendor as Root of Data Breach

The firm said it is investigating the cyber attack and that firm clients have been notified of the intrusion.

By Patrick Smith

2 minute read

February 02, 2021 | The American Lawyer

7 Kasowitz Partners Spin Off to New Boutique, Subleasing 2 Boies Schiller Offices

The new firm's website went up days ago and lists offices in San Francisco and New York.

By Patrick Smith | Dylan Jackson

4 minute read

February 02, 2021 | The American Lawyer

Am Law Firm Puts Business Professional in Charge of IP Practice

The former practice management director will now have budgeting and hiring responsibilities over the firm's IP practice.

By Patrick Smith

4 minute read

February 01, 2021 | The American Lawyer

Deal Watch: Big Gov. Contractor Deal, Life Insurance Consolidation and a Lot of SPACs (Again)

Another week bereft of mega-deals, but plenty of midsize work and the SPAC count grows as M&A heads into February.

By Patrick Smith

11 minute read