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
February 15, 2024 | The American Lawyer
Proskauer Snags 2 Milbank Attorneys to Expand Finance PracticeEric Reimer cited market changes that he said made Proskauer a better fit for his practice. "I do a lot of bankruptcy financing and restructuring, and I see the market moving away from bankruptcy and to balance sheet adjustment."
By Patrick Smith
3 minute read
February 15, 2024 | The American Lawyer
Which M&A Attorneys Drove the Most Business as Deal Leads?The annual Mergerlinks rankings highlight the top dealmakers in Big Law.
By Patrick Smith
4 minute read
February 12, 2024 | The American Lawyer
Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity SoarsEnergy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
By Patrick Smith
12 minute read
February 07, 2024 | The American Lawyer
Paul Hastings, Further Building Finance Team, Hires Shearman PartnerHe's the latest lateral partner hire for Paul Hastings, which has seen several partners join and leave in the last few months.
By Patrick Smith
3 minute read
February 06, 2024 | The American Lawyer
McDermott Lands Sports and Entertainment Partner From Venable for Transactions GroupAlexei Cowett had been at Venable since 2015 and has advised on more than $60 billion in closed transactions across various media, McDermott said.
By Patrick Smith
3 minute read
February 05, 2024 | The American Lawyer
Deal Watch: Hogan Lovells and Wachtell Land Big Sports DealsProfessional and college sports were center stage this past week for lawyers.
By Patrick Smith
7 minute read
February 05, 2024 | The American Lawyer
Paul Hastings Hires White & Case Partner to Co-Chair Capital Markets PracticeThe firm's growth strategy includes expanding capital markets for a practice that is more than just a "support function" for other practices, said firm chair Frank Lopez.
By Patrick Smith
3 minute read
February 02, 2024 | The American Lawyer
Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
By Patrick Smith
8 minute read
February 01, 2024 | The American Lawyer
Goodwin, Citing Performance Reviews, Parts With Number of AssociatesAs part of an attorney evaluation process, "each year, the firm facilitates the transition of lawyers who are not performing at the high standards that our clients expect of us," Goodwin said in a statement Thursday.
By Patrick Smith
2 minute read
January 31, 2024 | The American Lawyer
The Financial and Cultural Costs in Providing Legal Tech Solutions to ClientsProfessionals from Paul Hastings, Husch Blackwell, Redgrave and others discussed whether firms should buy or build and what the cultural costs are, if legal tech teams also develop client relationships.
By Patrick Smith
3 minute read
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