The End of Leverage?

More so of late, but for some time, we’ve been harboring the suspicion that the glory days of the high-leverage model are over.  Could we be seeing the end of leverage? Of course, many management fads fashions tend to come and go, which is why we at Adam Smith, Esq.... read more +

Question of the Month #6

You know what to do at this point! Should managing partners also practice law? [Stipulation: We ask in the context of medium to large firms--say, 50 to 100 lawyers and above.] No; it's a full-time job to manage the firm and should obviously be recognized as such. Do... read more +

Tenerife

Forty years ago last March what remains the greatest disaster in aviation history occurred at Tenerife in the Canary Islands.  Human error was the primary cause. 583 people were killed (61 survived, or a 90% fatality rate) when two Boeing 747s – one belonging to... read more +

Litigation Boutiques Have Issues, Too

Over the past year or two, we’ve been working with what struck us as a high number of litigation boutiques, and we decided to pause and gather our thoughts for, we can always hope, the benefit of a wider audience. Semantics first:  By “litigation boutique,” if it’s... read more +

Do Open Legal Markets Spur Innovation?

The following article is reprinted by kind permission of Thomson Reuters, where it first appeared in their Forum magazine. It was written by Antonio Leal Holguin, Director, Adam Smith, Esq. The Colombian case. Twenty years ago, Colombian lawyers were still artisans.... read more +

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Bruce MacEwen, President
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mobile: .+1.212.866.2630
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Janet Stanton, Partner
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direct: +1.212.866.4270
mobile: .+1.917.692.3927
New York

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