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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
May 21, 2023 | The American Lawyer
The merged firm would have about $3.4 billion in revenue and about 3,900 lawyers, the firms said.
By Patrick Smith
5 minute read
May 18, 2023 | The American Lawyer
It's a competitive business, but some law firms are embracing the idea that collaboration, not competition, is the path forward when it comes to mental health and well-being.
By Patrick Smith | Brenda Sapino Jeffreys
5 minute read
May 3, 2023 | The American Lawyer
Recent examples like the Paul Hastings slide show that Big Law often talks tough like old school coaches like Bobby Knight, even as studies show that open communication and a psychologically "safe" environment are competitive advantages for businesses.
By Patrick Smith | Hank Grezlak
9 minute read
April 27, 2023 | The American Lawyer
Senior partner Adam Hakki noted that while 2023 will be a transition year, many of the firm's practices are thriving and partners are being paid "consistent with our long-standing profit distribution practices."
By Patrick Smith
7 minute read
April 17, 2023 | The American Lawyer
Omar Samji said his move to Weil was facilitated by what's going on in the energy industry and wanting to be part of a "growing team" to take advantage of practice opportunities.
By Patrick Smith
3 minute read
April 5, 2023 | The American Lawyer
Paul 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
March 23, 2023 | The American Lawyer
It seems no one is willing to put up with a slump in deals for too long.
By Patrick Smith
11 minute read
March 2, 2023 | The American Lawyer
"After careful consideration, we have mutually agreed that a combination at this time is not in the best interest of either firm," said a joint statement from the firms.
By Patrick Smith | Christine Simmons
3 minute read
March 2, 2023 | The American Lawyer
Law firms' increasing use of national teams and push for automation are putting more business professionals on the chopping block, especially when demand falls.
By Dan Roe | Patrick Smith
5 minute read
February 24, 2023 | The American Lawyer
The firm's equity tier declined by nearly 5%, which chair Ira Coleman attributed to normal attrition and retirements. "There is certainly always a curation, but we didn't have a formal program to de-equitize partners," he said.
By Patrick Smith
6 minute read
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