Do Open Legal Markets Spur Innovation?

The following article is reprinted by kind permission of Thomson Reuters, where it first appeared in their Forum magazine. It was written by Antonio Leal Holguin, Director, Adam Smith, Esq. The Colombian case. Twenty years ago, Colombian lawyers were still artisans....

Question of the Month #5: De-equitizing Partners?

We intend October’s “Question of the Month” to squarely address an issue laden with financial and emotional repercussions.  But we have surpassing confidence that Adam Smith, Esq.’s intrepid readers are up to it. Without further ado, then: De-equitizing partners:...

Question of the Month #4: Non-lawyer Ownership?

Our fourth question of the month. At this point, you know what to do. As always, please use the comments box to add thoughts, glosses, and, well, commentary. Is the prohibition against non-lawyers having an ownership interest in a law firm still a good idea? No,...

Question of the Month #2: Report & Commentary

This column is by Janet Stanton, Partner, Adam Smith, Esq. The second Question of the Month was: “Does the partnership form remain the optimal structure for law firms?” This resulted from our musing a couple of years ago, “Would any corporation reorganize...
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