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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
November 9, 2023 | The American Lawyer
"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
By Patrick Smith
7 minute read
November 6, 2023 | The American Lawyer
Leaders of Paul Weiss, Davis Polk and Paul Hastings weigh in on how they keep their firms going in the right direction. There are common threads.
By Patrick Smith
8 minute read
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 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 13, 2023 | The American Lawyer
The final tally showed a 99% approval rate, according to a firm spokesperson.
By Jack Womack | Patrick Smith
4 minute read
October 11, 2023 | The American Lawyer
It is the largest announced M&A transaction thus far in 2023 and a massive shot in the arm to overall deal value of the market.
By Patrick Smith
2 minute read
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