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
November 24, 2020 | The American Lawyer
Sensing Opportunity With Change in Administrations, Paul Hastings Bulks Up Life Sciences Consulting ArmPaul Hastings finds some blue ocean in consulting that complements existing practices.
By Patrick Smith
4 minute read
November 24, 2020 | The American Lawyer
Through Decades of Success, Ted Wells Has Been the Essence of a LitigatorTed Wells, a 2020 Lifetime Achievement Award winner, has excelled while staying true to his principles and building a legacy rooted in social justice and mentorship.
By Patrick Smith
7 minute read
November 24, 2020 | The American Lawyer
More Market Leaders Line Up To Give Double Associate BonusesSome are tying the extra cash to a minimum billable hours requirement as they also announce year-end bonuses.
By Patrick Smith
5 minute read
November 23, 2020 | The American Lawyer
Deal Watch: BuzzFeed Buys HuffPo, Big Sale in Livestreaming in Slower Week for M&AThe mega-deals that have dotted the M&A landscape in previous weeks were largely absent, but some big deals still got done.
By Patrick Smith
6 minute read
November 20, 2020 | The American Lawyer
How Year-End Attorney Reviews Might Look a Little Different This YearSome firms are looking at 2020 as a way to push forward on decoupling year-end reviews and compensation as well as swapping one large review for several smaller ones, while others are staying the course.
By Patrick Smith
5 minute read
November 18, 2020 | The American Lawyer
To RFP or Not to RFP? A Question All Firms Need to AnswerAs clients look to drive down pricing, exert influence over team composition and evaluate potential new legal counsel, law firms have to ask themselves if the juice is worth the squeeze when it comes to many RFPs.
By Patrick Smith
7 minute read
November 16, 2020 | The American Lawyer
Deal Watch: A Double-Deal Monday for Wachtell, as Big Deals Keep on ChurningHome Depot and PNC Bank make big acquisitions, while SPACs are doing more, and larger, deals.
By Patrick Smith
8 minute read
November 12, 2020 | The American Lawyer
8 Firms Have Announced High-Level Diversity Positions in the Last Month. How Should We Feel About That?The events of the summer and a refocus on diversity issues in law firms have spurred change in the C-suite, but not everyone is convinced it is enough to counter a lingering and complicated issue. Others think it is just window dressing.
By Patrick Smith
6 minute read
November 12, 2020 | Pro Mid Market
Why Midsize Firms Are Less Likely to Eat Their Young In A CrisisMidsize firms, even with less room for error, may be in a better position to keep their associates busy and learning than their larger counterparts.
By Patrick Smith
6 minute read
November 11, 2020 | The American Lawyer
How to Handle an Administration Change ... at a Law FirmWhile the person taking charge is of course paramount, a lot of other changes happen when power transitions, and it isn't always smooth.
By Patrick Smith
6 minute read
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