Jay Smith's practice focuses in the areas of public offerings of securities, mergers and acquisitions, and general representation of public and private companies.
Jay's primary area of practice relates to the public and private offering of debt and equity securities and corporate merger and acquisition transactions. A significant portion of his practice includes representation of issuers and underwriters in connection with the sale of securities by existing public companies. Jay also represents both public and private corporations in connection with various business and finance transactions, including the acquisition and divestiture of companies and divisions. He generally advises public company boards on corporate governance and securities matters. Jay is active in various matters relating to the General Corporation Law.
In 2023, the respected English publisher Chambers & Partners named Jay a Senior Statesperson for his Maryland Corporate/M&A practice, and for more than 20 years has repeatedly placed him in the top tier of Corporate/M&A lawyers in Chambers USA. The guide has described him as "a noted leader in the field of corporate law, with particular expertise advising on high-value mergers and acquisitions as well as securities transactions," and has quoted clients calling him "absolutely superior," "responsive, practical and highly knowledgeable on the law," "polished and assertive," and "a star performer." Clients have said they are" impressed by his breadth of knowledge and experience and his sound practical advice." More than one client has called him "the best lawyer I have ever worked with." He has been identified as "an expert in the representation of public companies, public offerings of securities and M&A transactional work. Commentators marvel at his thorough knowledge of corporate matters." "[H]e garners further plaudits for his drafting, market knowledge and ability to build a rapport with opposing counsel during transactions." "Jay is also routinely sought to advise on corporate governance issues." One source stated that his "counsel and advice was instrumental to our success," while one peer described him as "a leading practitioner at the firm, whose work is highly regarded."
The Legal 500 United States
Recommended
The publication has identified him as "highly rated" and a "first-rate business counselor."
Additional Recognitions
Maryland Daily Record,
Named, Leadership in Law, (2009)
Lawdragon
Named, 500 Dealmakers in America, (2007)
Named, 500 Leading Lawyers in America, (2007)
Education
J.D., University of Maryland School of Law, 1977
Order of the Coif with honors
B.S., University of Pennsylvania Wharton School of Finance, 1973 magna cum laude
