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 +

Build Back Better: A Step-Change Asset Price Reset

I come not to bury the office, but to praise it. Kind of. The Covid-19 pandemic has changed human and economic behavior in a myriad of ways, and we can all stipulate that overall we’ve been living through a period that has inflicted tragedy at the human level, wreaked...

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Build Back Better: The Macro View

In our “Build Back Better” series discussing how law firms, and the rest of the legal services industry, may [want to] change once humanity emerges from this surreal Coronatide interregnum, we’ve focused on the microeconomics of the industry, if you will:  The office...

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Too Many “NewLaw” Players?

No, there are not "too many" NewLaw companies.  But there are undoubtedly a lot.  This map of the market, courtesy of Catalyst, is three years old and you know the ecosystem has only gotten bigger since then:     We are in the Cambrian Explosion of NewLaw...

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