How do we know what we know?

What follows will be a bit out of the ordinary—OK, a lot out of the ordinary—for regular readers of Adam Smith, Esq., but there’s a cold, hard, important, gem of truth in it for lawyers, our firms, and our bedrock assumptions about the way things ought to work...

USNWR, RIP

Most people attend law school to obtain jobs as lawyers (Not butchers or bakers, or candlestick makers.) If law school was just a cool place to chill out for a few years without building specific job skills, they’d call it “college.” Jobs are...

But I Have All This Debt

I’ve been developing a theory for awhile about what the structure and composition of lawyers at a typical BigLaw firm may look like in future, and how it’s evolved already, and now that The New York Times has made it official that law school applications...

2012 Economics Nobel

On Monday the 2012 Nobel Memorial Prize in Economic Science was awarded to Lloyd Shapley and Al Roth, for their work on market design and matching theory, which relate to how individuals and firms find and select one another in areas from school choice to jobs to...

Entry-Level Recruiting Conference

We’re pleased to be sponsoring a conference on entry-level recruiting: San Francisco Tuesday 13 November 2012 9:00 am – 4:15 pm AMA Executive Conference Center (Union Square) This is actually an updated version of a conference we did in New York this past...

Something Completely Different

Through a route too circuitous to rehearse,  the Girls’ Guide to Law School asked for an interview.  Here are their questions, and our responses:   1. I’m an undergrad who’s trying to decide whether to go to law school. I hear a lot about how...
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