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Patrick Smith

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

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February 15, 2023 | The American Lawyer

Proskauer Again Sees Record Revenue and Profits in Year of 'Large Transactions and Trials'

The percentage growth wasn't as high as in 2021, but the firm's 2022 performance managed to build on that banner year and then some.

By Patrick Smith

6 minute read

February 15, 2023 | The American Lawyer

Skadden Lands Morrison & Foerster Securities Litigation Co-Chair

Mark Foster is Skadden's first lateral partner hire of 2023, highlighting the law firm's focus on securities litigation, especially in Northern California.

By Patrick Smith

2 minute read

February 14, 2023 | The American Lawyer

'In Every Sector For Every Client': Katten Takes Broad Approach in New ESG Practice

Leaders of the group, India Williams and Johnjerica Hodge, who are both women of color, said their diversity is an asset when it comes to taking a holistic approach.

By Patrick Smith

3 minute read

February 13, 2023 | The American Lawyer

Deal Watch: Davis Polk and Others See See Steady Activity in Debt Deals

John Meade of Davis Polk said he has seen an uptick in a subset of the investment grade debt market, particularly in "green" or "sustainable" type deals.

By Patrick Smith

7 minute read

February 13, 2023 | The American Lawyer

The Series: The Lawyers Are Not All Right

The Law.com series on how lawyers and the workplace have been altered by the pandemic era.

By Andrew Maloney | Patrick Smith | Hank Grezlak

2 minute read

February 13, 2023 | The American Lawyer

Bolstered by Kirkland Laterals, Akin Gump Launches in Boston

The law firm sees opportunities in financial restructuring, credit, private equity and investigations practices in Boston.

By Patrick Smith

3 minute read

February 13, 2023 | The American Lawyer

What Happens to Law Firms if Lawyers Don't Think They Need Them?

Legal market "free agency" has only grown during the pandemic era, as isolation and uncertainty frays the bonds many lawyers had with their firms.

By Andrew Maloney | Patrick Smith | Hank Grezlak

10 minute read

February 08, 2023 | The American Lawyer

Shearman & Sterling Lays Off Associates and Staff

The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."

By Patrick Smith

3 minute read

February 06, 2023 | The American Lawyer

Deal Watch: Cravath, Dechert, Simpson and Schulte Guide Financial Firm Merger Amid Another Slow M&A Week

While Big Law steered a few big announced mergers in the last week, mega deals continued to trickle. A slowdown in leverage finance deals was partly behind last year's drop in M&A. And it may continue this year.

By Patrick Smith

5 minute read

February 06, 2023 | The American Lawyer

Generational Tensions Rise as Law Firms Move to Post-Pandemic Mode

With four generations co-mingling in the workplace, and some law firms demanding a return to the office, more conflicts are arising in law firms.

By Andrew Maloney | Patrick Smith | Hank Grezlak

9 minute read