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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
October 31, 2023 | The American Lawyer
Whether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
By Patrick Smith
3 minute read
October 27, 2023 | The American Lawyer
The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
By Justin Henry | Patrick Smith
5 minute read
October 24, 2023 | The American Lawyer
"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
By Patrick Smith
8 minute read
October 23, 2023 | The American Lawyer
The study results have the potential to shift how firms coach, enable, measure, and incentivize partners' business development efforts, the report authors say.
By Patrick Smith
5 minute read
October 19, 2023 | The American Lawyer
The senior chair of Sullivan & Cromwell speaks out about the conflict, what comes next and how his firm is reacting.
By Patrick Smith
6 minute read
October 18, 2023 | The American Lawyer
"There seems to be a pressure for firms, by their clients, staff or attorneys, to raise their voices strongly and firmly," one law professor said. "But that gets dangerous as a hair-trigger reaction."
By Patrick Smith | Justin Henry
6 minute read
October 17, 2023 | The American Lawyer
Firm chair Neil Barr said the statements issued by the student organizations ran "contrary to our firm's values."
By Patrick Smith
3 minute read
October 16, 2023 | The American Lawyer
Anemic deal activity has law firms adjusting their staff levels and strategy in the region.
By Patrick Smith
7 minute read
October 16, 2023 | The American Lawyer
The group includes four partners, with Scott Joachim slated to be global vice chair of Paul Hastings' private equity practice.
By Patrick Smith
3 minute read
October 13, 2023 | The American Lawyer
The cuts in pay and hours for senior staff raise questions about Stroock's financial footing during its merger talks.
By Patrick Smith | Justin Henry
3 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
The American Lawyer provides the most informed and trusted source of news, data, analysis and forecasting on the global business of law.
