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 +

Be Grateful to Your Competitors

The McKinsey Quarterly has a feature asking why poor countries, to a depressing degree, remain poor:  Their answer is the "Power of Productivity." But wait, don’t we already know how to help poor countries?  Let’s look at the... read more +

Still, the Billable Hour Refuses to Die

What five questions does the managing partner of Arnold & Porter think his corporate clients should ask about the firm—but none ever has?  How are associates and partners compensated, for starters.  And if associate bonuses are a function of... read more +

Take Me to Your Leader

"Leadership" is as elusive a concept as there is in business—not that that has prevented scores of writers spilling torrents of ink on it.  (The general form of the tautology in this management literature is:  It requires a great leader to... read more +

We’re Outsourcing IT, Now About Those Associates…

Law Technology News has published its first annual technology awards (for both products and people) and the IT Director of the Year trophy goes to Craig Courter of Baker & McKenzie. Among other things, Courter set up IT support and development centers in Manila... read more +

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