Nearly 2,000 of you already subscribe to our monthly e-newsletter, which we’ve been publishing for over 3-1/2 years, since the spring of 2006. 

To those of you who do subscribe, what follows will be repetitive since you’ve already seen it in this month’s issue of the newsletter, which arrived in your inboxes earlier today. 

But for those of you who haven’t yet subscribed, we wanted to offer you the opportunity.  Please read on.

We’ve been alerting you for some time to the fact that the newsletter would move to a paid model, and the day has arrived.

Why are we doing this?

  • We’ve been publishing the monthly newsletter for over 2-1/2 years, starting in the spring of 2006, and hitherto it has always been free, as, of course, has the main Adam Smith, Esq. website and online publication itself.
  • The rates are modest–even more so for firm-wide subscriptions.  An entire firm can subscribe for the equivalent of between 10 and 50 individual subscriptions, depending on the size of your firm.  This way, the newsletter will abe available to all your personnel at all your locations.
  • Based on what we believe to be the unique coverage of our industry that Adam Smith, Esq. provides–importantly including, as you know, articles and other content we publish in the newsletter that are not available anywhere else–we need the resources that only paid subscribers can provide to be able to continue providing the same high level of content and discourse you have come to expect from us.
  • We also intend to add additional features and contributors to enhance the newsletters’ value to you.  The plain reality is that those investments will require resources.

Subscriptions are annual and are available for:

  • Law firms, which entitle everyone in the entire firm–partners, associates, paralegals, staff, etc.–access to the newsletter.  (Pricing depends on overall firm size.)
  • Individuals
  • Media companies
  • Other organizations and corporations, and
  • Educational institutions

Please go here to sign up.

 


Here’s an overview of what’s in this month’s newsletter:

What’s On Your Minds
  • What people are talking about
Recap of Key Articles
    Covering why laterals’ motivation for moving may be different now than before the Great Reset

  • What laterals ought to know about firms before joining (think “Offering Memorandum”)
  • A discussion of Reed Smith’s (related?) decisions to dial back 1st year associate salaries and hourly requirements and to require its non-equity partners to pony up a capital contribution
  • The first and second installments in our “Law Firm Business Models” survey, covering (a) Regional Firms; and (b)  Boutiques.
The Newsletter-Only Article
  • An extended discussion of differences of opinion about the future of alternative fees, based on a soon-to-be published book surveying the AmLaw 100.  Can you say “people disagree”?
Quotes of the Month
  • Milton Friedman
Profile of an Individual
  • The unfairly obscure British economist A. C. Pigou, who analyzed when government intervention in markets to correct “externalities” was and was not justified.

 

I would like to believe the content of the newsletter has demonstrated its value to you and your colleagues over the two and a half years we’ve been publishing it, and I strongly urge you to keep your subscription coming by signing up now.

Please let me know if you have any comments, observations, or questions.

We very much look forward to welcoming you–make that, continuing to welcome you–to the Adam Smith, Esq. newsletter.

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