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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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January 04, 2024 | The American Lawyer

Paul Weiss M&A Co-Chair Taurie Zeitzer Heads to White & Case

Zeitzer, 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 Market

Frank 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 Dissolution

Over 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 2023

The 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 2024

In-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 Winner

Sullivan & 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 Down

Proskauer 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 Scale

Milbank's mid and senior associates are getting another pay raise.

By Patrick Smith

2 minute read