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Genesis of “Adam Smith, Esq.” as Our Firm’s Name

Over this past summer, a client, who has become a friend, asked us what the “back story” is behind the name of our firm.  (Presumably he found the name ingenious or bizarre or some combination thereof.)  Be that as it may, after we explained the origin he said he... read more +

The Maroons & The Grays: The Next Chapter

by | Jul 16, 2023 | 0 Comments

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...

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July 4th

by | Jul 3, 2023 | 0 Comments

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)

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Our Brave New Lateral World

by | Jun 20, 2023 | 2 Comments

Something that feels structurally different seems to have developed in the lateral market. The ambition of this essay is to describe what we think it is, why it has developed, and what it portends for the future of BigLaw.  Plus, with any luck, some ideas or at least...

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