Featured Article
Pay Wars & MSO’s: Huh?
David Morley, former head of Allen & Overy and, happy disclosure, a long-time friend, just published an article over at law.com that starts like this: The call usually comes on a Friday afternoon. A star partner has an offer from a rival: an eight-figure... read more +“Private Equity!” Sure, But What’s Wrong With “Private Credit?”
While you were out--staring at the window for the 39th time wondering how private equity seems to have taken over the world, perchance?--relatively few have noticed, until the odd recent headline here and there, about the seemingly sudden arrival on the FinWorld scene...
A Summer Diversion (Adam Smith included)
From the wide-ranging and customarily sane Virginia Postrel over at Reason comes a summer bijou: Gadgets and gizmos from Adam Smith's time. Let's start with what the self-respecting man about town might have carried with him as he set out for the day. First and all...
Summer Reading List
In keeping with our custom at Adam Smith, Esq. of publishing a summertime diversion in the form of a selective list of what we’ve been reading lately, herewith the 2023 installment: two novels and two nonfiction volumes that have had a prominent places on our...
The Maroons & The Grays: The Next Chapter
It has been four years since we initially published our series laying out a law firm market segmentation model we called the “Maroons & The Grays,”[1] and four years on is none too soon for an update. No model is, or should be, static, and as we have worked with...
July 4th
America! America! God mend thine every flaw, confirm they soul in self-control, thy liberty in law. O Beautiful for Spacious Skies, Materna, composed by Katharine Lee Bates, 1893 (second verse, third and fourth stanzas)