Featured Article

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 +

Fun With Rate Increases: How High is Too High?

by | Jun 15, 2022 | 1 Comment

A few days ago the intrepid and data-tropic Bloomberg Law reporter Roy Strom published Big law rates topping $2,000 leave value 'in the eye of the beholder.'  Roy is a friend (disclosure!)  but his story prompted some reflections hereabouts on "How high is too high?" ...

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Happy Birthday, Adam Smith!

by | Jun 5, 2022 | 0 Comments

Well, OK, recordkeeping around births and deaths was approached a bit more casually 299 years ago, but June 5 is the consensus best guess. And here at Adam Smith, Esq., we are sticking to it!  

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Recession? Time for Scenario Planning!

by | Jun 1, 2022 | 2 Comments

This article was co-written with Janet Stanton, Partner. As you know, we have recently published our thoughts on the likelihood of a recession in the United States:  Reasonably high, in a nutshell.  We won’t rehearse our reasoning here in detail, but the root cause...

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