Time Capsule

In connection with an ongoing research/whitepaper project, further about which affiant sayeth not, I had occasion to look at the Original AmLaw 50 from 1985. Here are the first three columns: Rank, firm, and gross revenue: Aside from the historic time warp we...

The 2016 Economics Nobel

From the redoubtable David Warsh of Economic Principals: When the Nobel Prizes were established, in 1901, the Nobel Foundation for perhaps a decade sought to spirit laureates into Stockholm in order that they should be available when their recognition was announced....

Ward Bower: 1947–2016

Word came this weekend that my friend and one of Adam Smith, Esq.’s closest long-time partners in the surprisingly small world we inhabit had died a few days ago of a sudden heart attack; Ward was 69. I can’t even remember the first time I met Ward, as it...

Globalization Forever?

Along with Brexit and the apparently unsinkable Trump, another surprise has been brewing on the world stage and I hope you’ve noticed. Globalization—measured by the most fundamental and reliable metric, crossborder trade volume—has ended its ever upward...

Upcoming Webinars on EU Data Protection

Yours truly will be moderating three webinars over the next six weeks or so on the EU’s requirements for data protection, security, and confidentiality.  Our panelists will be highly qualified practitioners in these fields from firms such as K&L Gates,...

Metrics That Might Matter #4: PPP

And now we come to the main event, the poisoned chalice bequeathed to us by Steven Brill. Let us proceed from the specific to the general, or if you prefer the structural to the symbolic. Are the reported numbers accurate? Silly question. We all know the answer to...
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