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
April 11, 2023 | The American Lawyer
Deal Watch: Can Evergreen Practices in Big Law Balance Out the Slump in M&A Work?"Firms that will manage this better have built what I think of as evergreen practices and counter-cyclical practices," said consultant Kent Zimmermann.
By Patrick Smith
8 minute read
April 11, 2023 | The American Lawyer
Ramping Up Antitrust Hiring, Milbank Adds Gibson Dunn Litigator and DOJ AttorneyMilbank said it is growing its antitrust bench in response to an environment ripe with work for the foreseeable future.
By Patrick Smith
4 minute read
April 10, 2023 | The American Lawyer
Gaining Market Share, Paul Hastings Grows 6% in RevenueThe firm's average PEP rose 4%, surpassing those of several elite New York law firms.
By Patrick Smith
5 minute read
April 10, 2023 | The American Lawyer
Cravath's Head of Bank Regulatory Practice Exits for Davis PolkDavid Portilla has worked on several larger M&A deals over the years.
By Patrick Smith
3 minute read
April 10, 2023 | The American Lawyer
Associate's Slide Highlights 'Reinforcement of Culture' Doesn't Only Come From TopThe slide by a Paul Hastings associate demonstrates how tone, culture and expectations can be set throughout the law firm—not just by those sitting in the executive ranks.
By Patrick Smith
6 minute read
April 06, 2023 | The American Lawyer
Wachtell, Goodwin Lead Q1 League Tables as Global M&A Tumbles 44%Two law firms that were in the top five last year saw drops out of the top 10 in early 2023.
By Patrick Smith
4 minute read
April 05, 2023 | The American Lawyer
Goodwin Chair Robert Insolia Stepping DownAnthony McCusker takes over at a time of transition.
By Patrick Smith
3 minute read
April 05, 2023 | The American Lawyer
'You Are Online 24/7': Why a Paul Hastings Presentation Went Viral and What It Says About Law Firm CulturePaul Hastings said the material was prepared by an associate "and the views expressed do not reflect the views of the firm or its partners."
By Patrick Smith
5 minute read
April 03, 2023 | The American Lawyer
Deal Watch: Paul Weiss, Kirkland, Latham and Pillsbury Steer $21B DealIt was a lighter week in deals, save for the suplex that WWE and UFC brought to market.
By Patrick Smith
6 minute read
April 03, 2023 | The American Lawyer
Cahill's White Collar and Government Investigations Chair Decamps for Paul HastingsBrad Bondi will join his new firm as co-chair of Paul Hastings' investigations and white-collar defense practice in Washington, D.C.
By Patrick Smith
2 minute read