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 +

IT & Expansion Drive Higher Debt Loads

From a private banker’s perspective, how much debt is too much on a per-partner basis?  And what factors go into assessing the creditworthiness and stability of a firm?  If your firm might need capital for investments in IT or office expansion, you... read more +

The Check is in the Mail

Q:  Why didn’t Pennie & Edmonds merge with Jones-Day rather than dissolving outright?  Client conflicts?  Cultural friction?  Compensation disparities? A:  None of the above.  Chalk it up to accrual... read more +

Your Infrastructure for 2014

In September 2003, Venable moved its Washington office, with nearly 500 employees, over the course of two weekends.  The story of the move, from the IT department’s perspective, has now been told. More interesting than the technical logistics of the... read more +

you too could be a rainmaker

Born or made?  Saying some partners are better at generating business than others is platitudinous:  But now some firms are actually trying to do something about it, by hiring sales trainers.  Forgive me, I meant to say, "executive... read more +

“Common Sense” & Copyright Law?

Professor Lawrence Lessig, the Stanford Law professor, has published a new book, Free Culture, reviewed by John Swartz of The New York Times. Although I haven’t read it yet (but I will), Lessig argues that it’s time for a "clean sheet"... read more +

Publications

Contact

Bruce MacEwen, President
Email
direct: +1.212.866.4800
mobile: .+1.212.866.2630
New York

Janet Stanton, Partner
Email
direct: +1.212.866.4270
mobile: .+1.917.692.3927
New York

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