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
September 11, 2023 | The American Lawyer
Are Law Firms' Real Estate and Tech Spending Invariably at Odds? It's Not That SimpleThe second and third largest capital expenses for most law firms can both compete for resources and be utterly dependent upon each other.
By Patrick Smith
6 minute read
September 08, 2023 | The American Lawyer
Will Cahill's Brand Save It From the Modern Big Law Environment?The firm is smaller in partnership than most of its peers and lacks extensive practice diversification. "Is there a place for a 400-person firm in Big Law?" said an Am Law 50 chair.
By Patrick Smith
9 minute read
September 07, 2023 | The American Lawyer
Facing Falling Profits, Cahill Seeks to Adjust Amid Drop in Leveraged Finance MarketThis slowdown "is the longest since leveraged finance has been around," said Cahill executive committee co-chair William Hartnett.
By Patrick Smith
8 minute read
September 06, 2023 | National Law Journal
White & Case Takes Veteran IP Tech Partner From OrrickJordan Coyle said White & Case has "demonstrated a whole new commitment to building and sustaining an IP practice."
By Patrick Smith
3 minute read
September 06, 2023 | The American Lawyer
Paul Weiss Securities Attorney Heads to SchulteSchulte Roth said partner David Curtiss will bolster its special situations team.
By Patrick Smith
3 minute read
September 05, 2023 | The American Lawyer
Paul Weiss Lands Latham's Vice Chair of Energy and Infrastructure GroupRavi Purohit has advised Blackstone Infrastructure Partners in many of its landmark transactions, Paul Weiss noted.
By Patrick Smith
3 minute read
August 31, 2023 | The American Lawyer
Good Business or Big Brother? In-Office Tracking is a Contentious Subject and Messaging MattersLaw firms track everything from badge swipes to keystrokes for their employees. But is putting a person's location in a public forum a bridge too far?
By Patrick Smith
5 minute read
August 30, 2023 | The American Lawyer
What Law Firms Can Do to Upgrade Their 'Zoom Associates'Communication, clear expectations, frequent meetings and giving associates a venue to "flex different muscles" can help address any skill gaps.
By Patrick Smith | Andrew Maloney | Hank Grezlak
5 minute read
August 29, 2023 | The American Lawyer
Deal Watch: S&C, Paul Weiss Lead $9.6B Big Sandwich Deal, Obstacles to M&A Ramp UpM&A and deal activity is continuing in 2023, just less of it. And part of that is due to all the headwinds that keep popping up.
By Patrick Smith
9 minute read
August 28, 2023 | The American Lawyer
Partners Are Frustrated With 'Zoom Associates.' But Will Threatening Their Bonuses Change That?Consultants and partners have bluntly described some younger associates as "lacking accountability and initiative." But surveys suggest younger lawyers and aspiring lawyers are more varied in their motivations than earlier generations.
By Patrick Smith | Andrew Maloney | Hank Grezlak
6 minute read
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