The 2024 Nobel Prize in Economics Goes To…..

The Nobel in Econ (a/k/a The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for 2024 was awarded a few days ago to Daron Acemoglu and Simon Johnson of MIT and to James Robinson of the University of Chicago. Here at Adam Smith, Esq., we try to... read more +

The Problem with Partnerships

THERE was never any thing by the wit of man so well devised, or so surely established, which (in continuance of time) hath not been corrupted: as (emong other thinges) it may plainly appere by the common prayers in the Churche, commonlye called divine service. —The...

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Back to the Office! (What’s the Rush?)

We have a theory. Abandoning the office—as one Managing Partner put it, “like the fire alarm went off, everybody out now”—was the easy part.  Going back will pose one of the most complex management challenges to law firms posed by the pandemic, a puzzle with many...

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Easing Out Under-Performers–Gracefully (Build Back Better)

The following column is by Janet Stanton, Partner, Adam Smith, Esq. One of the most vexing issues for law firms is that of under-performing lawyers.  And, let’s be clear from the get-go, we’re talking about chronic underperformance; not someone having, say, one bad...

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Janet Stanton, Partner
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New York

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