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Shout Out to Kirkland
This column is by Janet Stanton, Partner, Adam Smith, Esq. We generally eschew commenting on daily comings-and-goings in Law Land. We make an exception here, because this is actually huge news. I’m speaking about Kirkland’s decision to stop disclosing financial info... read more +The Maroons & the Grays: An Update
Back in 2019 we published a three-part series introducing and fleshing out our model of the competitive market segmentation of law firms. We posited that the two primary segments of BigLaw are the “maroons,” go-to firms for bet-the-company matters garnering...
Are You Smarter (at AI) Than Your Clients?
About a month ago, Steven Croley, Chief Policy Officer and GC at Ford Motor--who, full disclosure, I do not know--published a column on Bloomberg Law opening with the commonplace observation that AI is disrupting the legal services market for large public companies...
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.
And Now a Word From Your Editor: Blather
You should not be surprised to learn that in my travels across the legal, business, and strategic commentariat, I form opinions--some probably too quickly or too definitively--about the quality of what I'm reading. As an exercise that began as casual amusement I began...
Happy 250th, United States
The Constitution of the United States Article I, Section 1: All legislative Powers herein granted shall be vested in a Congress of the United States Article II, Section 1: The executive Power shall be vested in a President of the United States of America. Article III,...