“ILSF 2017″ in Prague

We’re in Prague for most of this week meeting with some firms and delivering the keynote at Ecoomia.cz’s annual Innovative Legal Services Forum. Thanks to our lead host, Jaroslav Kramer. The leading Czech business newspaper was kind enough to print an article about us...

Letter from London

One may fervently hope that regular readers have come to expect certain recurring customs here at Adam Smith, Esq., and today we honor that expectation with our usual “Letter from _____,” when we’ve just returned from a significant trip and have some...

“Disagree and Commit”

Are you, like me, beginning to feel sorry for the traditional retail industry? Lately, the litany of bad-news stories has become relentless. (Yes, I just wrote about this from a different angle; today I have a different theme.) The latest synchrony of doom and gloom...

The Myth of Yesterday

Rarely do I snag anything from The New York Times or The Wall Street Journal as an entree into an essay on Adam Smith, Esq. (not because there’s anything the least wrong with them, but because I figure you’ve probably already seen it), but rules are made...

Show Me the Money (??)

One of the things we do a lot of here—and seemingly more of in the past 24 months or so—is helping firms sort out, reform, amend, optimize, throw-away-and-start-fresh, their partnership compensation systems. And in every engagement of that sort, we try to keep two...

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...
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