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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 “Other” Law School Course on Firms as Businesses
In response to reader inquiries, here is the "other" course that addresses law firms as businesses: Taught at Michigan Law School by adjunct professor Karl Lutz, who was a senior partner at Kirkland & Ellis in Chicago and served on the firm's...
Introducing Prof. William Henderson
Introducing William Henderson, Associate Professor of Law at the University of Indiana Law School/Bloomington. Bill will be an occasional guest blogger on "Adam Smith, Esq.," as he and I are collaborating on the "Law Firm Research Project"...
Where Do Trial Lawyers Come From?
Are the nation’s most successful litigators and trial lawyers predominately graduates of elite national law schools? Surprisingly, the answer is both yes and no—it depends whether the lawyer is representing the plaintiff or the defense. Let me first cover the...
Do Your CFO and KM Leader Talk?
"Business intelligence" software? Who could argue with that? Actually, it would help to be able to define it first, so particularly if this is a new jargon-bite to you, the always-insightful and articulate Monica Bay is a must-read. It's...
Cravath Closes at 43-7/8, Down 1/4
Here's a thought experiment: What if law firms could become publicly traded companies? In the UK, it's not going to be a thought experiment much longer. Under a proposal approved by The Law Society (more or less their ABA), non-lawyers will soon be able to...