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
January 04, 2024 | The American Lawyer
Paul Weiss M&A Co-Chair Taurie Zeitzer Heads to White & CaseZeitzer, a large-cap public M&A and private equity attorney, has relationships with most of the largest private equity firms.
By Patrick Smith
3 minute read
January 02, 2024 | The American Lawyer
Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 MarketFrank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
By Patrick Smith
11 minute read
December 29, 2023 | The American Lawyer
The Stroock Files: The Journey Through Lateral Exits, Merger Talks and DissolutionOver a year's worth of reporting on the issues and events that led to Stroock's downfall
By ALM Staff
8 minute read
December 20, 2023 | The American Lawyer
Big Law's Return-to-Office Journey Still Not Complete, but More Settled Now"The overwhelming majority of our colleagues are complying," noted Davis Polk's Neil Barr. "I know not everyone loves it, but from the institution's perspective, we are in a good spot."
By Patrick Smith
6 minute read
December 18, 2023 | The American Lawyer
Proskauer Layoffs Underscore String of Big Law Cuts in 2023The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
By Patrick Smith
8 minute read
December 11, 2023 | The American Lawyer
Simpson Thacher to Require Four Days in Office in 2024In-office mandate adherence will be a factor in overall pay for Simpson personnel, with the firm saying noncompliance could affect compensation, sources said.
By Patrick Smith
2 minute read
December 07, 2023 | The American Lawyer
No Playbook for What They Do: Sullivan & Cromwell is the Financial Services Litigation Department of the Year WinnerSullivan & Cromwell's generalist approach to financial services litigation lets the firm solve any crisis that comes a client's way.
By Patrick Smith
4 minute read
December 06, 2023 | The American Lawyer
Citing Health-Related Reasons, Proskauer's Chair to Step DownProskauer will have an election to fill Steven Ellis' position in January, with the newly elected chair taking the reins in April 2024, according to managing partner Daryn Grossman.
By Patrick Smith
3 minute read
December 05, 2023 | The Recorder
Sheppard Mullin Lands Two Real Estate Finance Attorneys From Stroock"Having been forced into a move, we wanted to be very thoughtful about the next place we went to," said Lorie Soares Lazarus, a new Sheppard Mullin partner.
By Patrick Smith
3 minute read
December 05, 2023 | The American Lawyer
Full Circle: Milbank Matches Latest Associate Pay ScaleMilbank's mid and senior associates are getting another pay raise.
By Patrick Smith
2 minute read