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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 +Making it in New York: A Reminder that Manhattan is an Island
The percentage of AmLaw 200 firms with an office in New York is? 65%, with, according to The American Lawyer, more wannabe immigrants to New York in the wings. New York has always been known for two superficially contradictory, but I devoutly believe...
Tough Love, or What if Your Firm Needs to Change?
Pop quiz: Q: How many companies on the Forbes 100 list 25 years ago (1978) are still there today? (Forbes ranks firms by market cap; Fortune ranks them by revenue.) A: 32, or an attrition rate of 68%. (35 were taken over, 30...
The Cautionary Tale of Coudert
Apropos the results of the readership survey, which found a high number of respondents worried about the seemingly relentless consolidation of the legal industry—apparently from both those participating in the consolidation and those wanting to be left...
How Many Nonstops Are There From London to Dallas?
"Inimitable" is grossly over-used, but I'm at a loss for words after reading Aric Press's latest column introducing the current issue of The American Lawyer and recognizing again what an iconoclastic thinker he is. (Disclosure: Aric,...
Results of the Readership Survey
The long-awaited results (speaking for myself, at least) of the famous first-ever "Adam Smith, Esq." Reader Survey are now in, and I hasten to share them with you, dear reader, as audience participation was extremely strong, and gratifying. My...