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
December 04, 2023 | The American Lawyer
Deal Watch: Wachtell, Ropes Lead $10B Biotech Deal, and M&A Landscape Could Use Fewer 'Shock Waves'Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
By Patrick Smith
6 minute read
December 04, 2023 | The American Lawyer
Moving to Diversify Practices, Cahill Adds M&A, Corporate Advisory Partners From Stroock"Ultimately, as part of our strategy moving forward, the firm wants to diversify," said incoming co-chair Herb Washer. "Diversify the client base, the practices, areas of expertise."
By Patrick Smith
3 minute read
November 30, 2023 | The American Lawyer
Former McDermott Partner Sues Firm Over Nonequity SalaryDavid Huberman, now a shareholder at Greenberg Traurig, claims McDermott wrongly denied him a pay boost to $425,000.
By Patrick Smith
2 minute read
November 30, 2023 | The American Lawyer
Kirkland, Quinn, Davis Polk, Wachtell and Sidley Line Up to Match Cravath Salary ScaleQuinn Emanuel, which is matching the latest base salary scale and bonuses, is expecting profits to increase more than 20% this year.
By Patrick Smith
5 minute read
November 30, 2023 | The American Lawyer
Latham, Mayer Brown, Greenberg Traurig Lead 2023 Social Law Firm IndexWhile several law firms earned top recognition in their digital marketing, law firms overall are facing uncertainty over how to handle AI and X.
By Patrick Smith
6 minute read
November 29, 2023 | The American Lawyer
Paul Weiss, Dechert, Hogan, Proskauer and Baker McKenzie Match Cravath Salary ScalePaul Weiss and Baker McKenzie also said they will pay "discretionary" or "premium" bonuses for high-performers.
By Patrick Smith | Justin Henry
3 minute read
November 28, 2023 | The American Lawyer
Cravath Exceeds Milbank Salary Scale for Senior AssociatesPaul Hastings and McDermott said they will match the Cravath scale.
By Patrick Smith
2 minute read
November 28, 2023 | The American Lawyer
Deal Watch: This M&A Partner Just Had Two Big Deals on Same DayKaressa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
By Patrick Smith
8 minute read
November 27, 2023 | The American Lawyer
A Lifetime of Learning and Laughing: Gary Naftalis on Lessons Learned Amid a 50-Year Legal CareerNaftalis, recently awarded a Lifetime Achievement honor by The American Lawyer, spent his career leveraging intelligence, wit and compassion. "Don't take yourself too seriously," he reminds younger lawyers.
By Patrick Smith
5 minute read
November 27, 2023 | The American Lawyer
Paul Hastings Continues Growing Funds Practice, Landing Partner From SkaddenAnna Rips, who was at Skadden for 17 years, is the eighth partner to join Paul Hastings' funds practice in the last nine months, the firm said.
By Patrick Smith
3 minute read
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