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Dear Reader:

As you may know, we recently moved the monthly Adam Smith, Esq. newsletter from a free to a paid-subscriber model. The Adam Smith, Esq. website remains free–only the newsletter is now a premium offering. We have been publishing the monthly newsletter for nearly four years, on a free subscription model until very recently, but because of the premium content appearing in the newsletter–articles discussing topics which have not appeared on the website and never will appear there–we needed resources to support the investment required to publish the newsletter.

I’m publishing this notice since this month’s newsletter just went out to subscribers today, and we would be delighted if you would join their ranks.

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
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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:

Financial Reporting Season	What do the results tell us so far?
Recap of Key Articles	Fun With Numbers looks at Sonnenschein’s announced results and asks why the change of accounting principles just so happened to occur last year. Predictions for 2010 posits that people wrote off 2009 but that they may not be quite so willing to write off 2010. And if not, then what? Game Theory, Anyone? updates the time-tested precepts of game theory to try to gain some insight into navigating our turbulent times. Hint: Think dynamically, not statically. THe Digitalization of the World asks whether that trend is overblown.
The Newsletter-Only Article	The Psychology of Pricing, in which I discuss a new perspective on “Alternative Fee Arrangements,” one that doesn’t deal with blocking and tackling or techniques and tactics, but rather on what behavioral economics is beginning to learn about people’s expressed preferences about how they’re charged..
Quotes of the Month	Tom Stoppard
Client Relationship Series	Are teams that keep clients underappreciated compared to the “big wins” that bring cilents in originally?
New York City	The New York Public Library

I would like to believe the content of the newsletter has demonstrated its value to you and your colleagues over the years we’ve been publishing it, and I strongly urge you to sign up now.

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

We very much look forward to welcoming you–or in many cases, continuing to welcome you–to the Adam Smith, Esq. newsletter.

Best,

Bruce