The Original Firm Culture

What do you think this describes? “a set of basic tacit assumptions about how the world is and ought to be that is shared by a set of people and determines their perceptions, thoughts, feelings and, to some degree, their overt behavior.” If you guessed...

The Client Seat (Coda #2)

Over a year ago, I thought I had put “The Client Seat” series here on Adam Smith, Esq., to bed. But many are the mysterious ways of law firms, and I learned this week I need to report a Coda #2. I have now learned I should never rule out a potential future...

Observations from All Over

It may be a reflection on human nature, that such devices [checks and balances] should be necessary to control the abuses of government. But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be...

AI in Law: Never? Some day? Now?

Well, it was comfortable while it lasted. I’m referring to the widespread attitude towards artificial intelligence in law, to the effect that we don’t have to do anything about it yet because the technology has yet to prove itself. Some day, maybe, and...

A “Premortem:” To Head Off the Post-

The Premortem “The premortem is a great idea. I mentioned it at Davos and the chairman of a large corporation said it was worth coming to Davos for. The beauty of the premortem is that it is very easy to do. My guess is that, in general, doing a premortem on a plan...

The Georgetown/Thomson-Reuters 2017 Report

From the foregoing analyses, it is apparent that the financial performance of law firms over the past 10 years has been driven by only one factor: rate increases. As we have seen, demand gowth for law firm services has been essentially flat, productivity has been...
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