Succession Planning 101

Coming to the fore more prominently these days across a large portion of firms we work with and the industry overall is the issue of succession planning. It comes up in one or both of two contexts, (a) transitioning key client relationships from incumbent partners to...

GE vs Amazon Take 2

A brief follow-on to the earlier column on Amazon, GE, and Whole Foods. The typically worthwhile Greg Ip, writing in The Wall Street Journal on “The Economy Needs Amazons, but it Mostly Has GEs“, gives us the following chart: The point? For 20+ years,...

Question of the Month: Report #1

This column written by Janet Stanton, Partner, Adam Smith, Esq., Quick reprise: Earlier this month we launched a new feature on Adam Smith, Esq.: The question of the month. The inaugural question was: Is “origination” just a nicer term for “sales commission?” If so,...

Lessons from Amazon/Whole Foods

Jeff Immelt’s stepping down as head of GE after 16 years was the odds-on favorite to be the big business story of the week until of course the Amazon/Whole Foods acquisition sucked all the oxygen out of the building. Any lessons in here for Law Land? Bear with...

Is What We Do Really So Hard?

Much chatter lately has been devoted to, “Whither Uber?” Is its famous unicorn valuation justified and defensible? If it can’t, or shouldn’t, continue to give its middle finger to regulatory authorities on every major continent, will its growth...

Happy Birthday, Adam Smith!

Adam Smith’s 294th birthday. An alternate calendar convention puts his birthday on June 16, 1723; the difference has to do with whether you do (June 16) or do not (June 5) adjust his birthday to reconcile it with the adoption of the Gregorian (Continental)...
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