Happy Birthday, Adam Smith!

Although “birth certificates” were far in the future in 1723, today is by consensus deemed to be Adam Smith’s birthday, in 1723, in Kirkcaldy, Scotland.  Today he would be 303.     read more +

Supply Chains Aren’t Just for Manufacturers

Yes, I'm looking at you, law firm leaders.  You, too, have a supply chain.  It's time to start thinking of it that way. May we take a step back for a moment?  From the redoubtable St. Louis Fed comes a study Supply Chain Disruptions and Inflation During COVID-19 that...

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“Everything Must Go!” (Your Office Edition)

Two plus years after the simultaneous worldwide Office Exodus ("Everybody out of the building!") at the onset of this pandemic, we are at last beginning to emerge from the by-guess-and-by-golly finger-in-the-air period of figuring out what WFH (thank you, Zoom, Webex,...

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Fun With Rate Increases: How High is Too High?

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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