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How High the Sky?

We’re in the thick of BigLaw’s year-end earnings season, where firms left and right are reporting their FY2024 financial results.  The numbers of greatest interest from a macro-industry perspective–setting aside the perennial gossip-intensive zero... read more +

A Sense of Place (It Matters After All)

by | Sep 21, 2022 | 2 Comments

Geography--a "sense of place"--is often taken for granted as the inevitable but fundamentally random by-product of historical happenstance, and almost never appreciated for the strategic dimension it provides--like it or not. Because it's seen as foreordained, law...

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Law Firms Fail in the Oddest Way (All of Them)

by | Sep 13, 2022 | 5 Comments

Recently across my desk came a copy of a thoughtful and comprehensive article on why law firms collapse. Or rather, I should say, a pair of articles on that topic, both by John Morley, Yale law professor {his name was not familiar to me). The pair of articles consists...

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A Late Summer Reflection: The Real Adam Smith

by | Aug 28, 2022 | 0 Comments

And now for something rather different. Not infrequently we're asked how, or why we named our firm Adam Smith, Esq.  The short and true somewhat beside-the-point answer is that it's a bit of wordplay on the intersection of economics (Adam Smith) and law (the...

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Two Nasty Trends About to Collide?

by | Aug 21, 2022 | 0 Comments

We distributed this column several weeks ago to our "friends and family" opt-in email list (which has a handsome level of subscribers and is free--what's taking you so long? [sign up at the foot of our homepage]) but herewith on our public site. You may not like what...

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