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
August 01, 2023 | The American Lawyer
'We Want to Stigmatize That Work': Report Focuses on Big Law's Ties to Fossil Fuel IndustryLaw Students for Climate Accountability said more law firms received an "A" in its scorecard this year, but most received "D" and "F" scores.
By Patrick Smith
5 minute read
July 31, 2023 | The American Lawyer
Simpson Thacher Adds 2 Partners From SVB Capital, BlackstoneThe partner lateral market has been fairly active, but Simpson Thacher has taken its latest two partners from outside the Big Law sphere.
By Patrick Smith
3 minute read
July 31, 2023 | The American Lawyer
Rise of Private Credit Has Been a Boon to Big LawThe shift in market players has created "winners and losers," Debevoise's Jeff Ross.
By Patrick Smith
5 minute read
July 26, 2023 | The American Lawyer
Steptoe Adds 35 Lawyers and Staff From StroockStroock said it is continuing to talk with firms for a merger and its "most profitable practices remain intact."
By Patrick Smith
4 minute read
July 24, 2023 | The American Lawyer
Deal Watch: Will IPOs Strike Back This Year?Some dealmakers see signs that capital markets work could turn around this year.
By Patrick Smith
7 minute read
July 24, 2023 | The American Lawyer
In Leadership Shuffle, White & Case Names New Executive CommitteeLondon is home to the firm's next vice chair and two new executive committee members.
By Patrick Smith
2 minute read
July 24, 2023 | The American Lawyer
The Evolving Role of Big Law Leadership"We will see far fewer major law firm leaders have extended terms. The burnout risk is too great and the pressures too significant," noted Paul Weiss chair Brad Karp.
By Patrick Smith
5 minute read
July 18, 2023 | The American Lawyer
A&O, Shearman Leaders Face Pension and Management Questions Amid Merger RoadshowBoth leaders said they remain confident a merger vote will pass.
By Patrick Smith
5 minute read
July 18, 2023 | The American Lawyer
Stroock's Losses To Steptoe Amount To More Than 20 Lawyers And StaffSources also say Steptoe is in talks to take over Stroock's Los Angeles office lease, in a scenario in which Stroock would shed its sole West Coast outpost.
By Justin Henry | Patrick Smith
3 minute read
July 18, 2023 | The American Lawyer
Debevoise Adds Litigators in Bay Area in Strategy to Support Bicoastal WorkUsing a strategic plan it calls "the matrix," Debevoise wants to provide a bicoastal support structure for clients. The firm is adding laterals from Skadden and boutique Clarence Dyer & Cohen to support that plan.
By Patrick Smith
4 minute read
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