What is the “Global 100″ Telling Us?

With the release a bit earlier this month of Legal Business’s annual “Global 100,” we have more data to scrutinize, should we care to. I’ll give you the highlights of the numbers here but even the most innumerate among us could not exactly...

Something (Macro) Looks Wrong

“Something looks wrong.” So begins Greg Ip’s most recent column in The Wall Street Journal. What exactly “looks wrong?” Well, the economy, stupid. Specifically, as Ip points out, consumer spending has been rising strongly recently but...

“Remaking the Law Firm: Why & How”

I recently finished reading George Beaton’s and Imme Kaschner’s Remaking Law Firms: Why & How (ABA Press: 2016) (George, who I’ve known for years and count a friend, was kind enough to have the ABA provide me a pre-publication copy) and I’d...

Letter from London

Back in New York from a solid week of meetings in London (17 in five days) and a few observations, reflections, musings, and speculations come to the fore.  And no, these will pointedly not include whether the US or the UK’s version of being seized by political...

How the Mighty Fall: Part V

We now come to our fifth and final installment: Capitulation to Irrelevance or Death. “Irrelevance” is a subtle touch. It’s a fair bet that not too many readers of Adam Smith, Esq. see themselves as, or would be content to be, spending their working...

How the Mighty Fall: Part IV

We now come to Stage 4, Grasping for Salvation. Illustrative is the contrast between how HP and IBM responded in terms of choosing new CEOs when each company’s growth slowed dramatically in the 1990’s. HP first: It faced a choice as it sought to replace...
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