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A.I.: Friend or foe? Webinar–You’re Invited!
Thursday May 2nd: 11:00 a.m. – 12 noon Eastern Time (US and Canada) How is A.I. impacting BigLaw? Bruce, Janet and the esteemed Toby Brown of DV8 Legal Strategies will discuss the ways Gen A.I. is impacting law firm business models and what the implications are... read more +Practice Group Management: What’s Not to Like?
If you think practice group management is a fad that will run its course, you should read this piece by Patrick McKenna. [Patrick is a well-known expert on strategy and practice management and, among other things, co-author with David Maister of "First...
No, Your Eyes Do Not Deceive You
"Adam Smith, Esq." has been invited to join American Lawyer Media's "Legal Blog Network," and I have accepted. The other half-dozen-plus members of the network are all people I know personally or through email and the quality of their blogs...
The Care and Feeding of Laterals
To risk stating the obvious, a major downside of acquiring powerful lateral partners or small groups thereof is that they will not stay. Now The American Lawyer has a piece covering the story of same over the past five years or so, complete with a helpful and...
“Why Law Firms Should Not Be Ranked Based on Profits Per Partner” Agree or Disagree
I believe this is a first, but I'm about to quote an astute and interested UK reader's unsolicited, over-the-transom "letter to 'Adam Smith, Esq.'" in its entirety. At first I thought I could edit it gracefully for concision, but upon attempting to do...
Four Powerful New Capabilities: Adapt or….
Yesterday's post about the Hildebrandt/Citigroup annual 2004 recap said nothing about a topic they dwelt on which I deemed sufficiently distinct and newsworthy in itself to merit separate commentary. Specifically, they cited four developments in firm structure and...