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
July 17, 2023 | The American Lawyer
Deal Watch: Weil, Wilkinson, Sidley, Skadden Help Microsoft/Activision Merger Push ForwardSome believe that the FTC's latest setback is a good sign for M&A, especially tech M&A.
By Patrick Smith
8 minute read
July 07, 2023 | The American Lawyer
Stroock Sees Partner Exits Amid Protracted Merger TalksThe chair of Stroock's litigation practice and the leader of its LA office are planning to leave for Steptoe & Johnson, while a real estate partner has landed at Jones Day.
By Patrick Smith
3 minute read
July 07, 2023 | The American Lawyer
Latham Leads Legal Adviser Tables, as Worldwide M&A Hits Lowest Point in 3 YearsLatham and Kirkland were top ranked while several Wall Street law firms picked up market share and rose up the league tables released by Refinitiv.
By Patrick Smith
5 minute read
July 06, 2023 | The American Lawyer
Taking 'Long-Term View,' Paul Hastings Adds 2 Capital Markets Partners From Goodwin"We are continuing to be disciplined but opportunistic in bringing partners on that are going to help us gain market share," said chair Frank Lopez.
By Patrick Smith
3 minute read
June 30, 2023 | The American Lawyer
At Paul Hastings, Pace of Laterals and Management Style Lead to Staff ExodusAt least 22 marketing and business development staff have left Paul Hastings in 2023, according to The American Lawyer's count of departures.
By Patrick Smith
8 minute read
June 27, 2023 | The American Lawyer
White & Case's Hugh Verrier Stepping Down, Firm Names Lit Partner as Next ChairThe firm's new chair, Heather McDevitt, was announced Tuesday after a partnership vote and will take the helm on September 1, 2023.
By Patrick Smith
2 minute read
June 27, 2023 | The American Lawyer
McDermott Lands Cybersecurity Partner From Baker McKenzieStephen Reynolds, McDermott's new cybersecurity partner, said it's becoming more important for law firms to have dedicated cyber and incident response teams, not just recruiting IP lawyers for the work.
By Patrick Smith
3 minute read
June 26, 2023 | The American Lawyer
Deal Watch: Orrick and Fenwick Guide Generative AI Deal That Signals Future Use of TechThe legal community knows it will need to use generative AI to augment its work. But what data sets it uses in AI tools is still being worked out.
By Patrick Smith
7 minute read
June 21, 2023 | The American Lawyer
Paul Hastings Lands Two Fintech Partners, Including Co-Chair of Perkins Industry GroupDana Syracuse and Josh Boehm said they believe strongly in their client relationships, when asked whether they expected their client base to move with them.
By Patrick Smith
3 minute read
June 20, 2023 | The American Lawyer
Deal Watch: Wachtell Reps the GOAT in Hornets Sale; Confusing Times Continue for DealmakersWhile Wachtell and King & Spalding had a big week in deals, M&A lawyers remain uncertain about the deal market ahead amid continuing signs of uncertainty.
By Patrick Smith
6 minute read