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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 +Question of the Month: What are law firms selling?
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The Law That Will Bite You Every Time
My favorite law in the whole world is the Law of Unintended Consequences. I suspect I’m so fond of it because it’s intrinsically perverse, it smotes the smartest people (maybe especially the smartest people), it’s of universal applicability, and it shouldn’t be that...
The Use & Abuse of Words
John Adams notably wrote that “facts are stubborn things.” Words, however, can be fluid, flexible, and subject at times to arbitrary diktat. This last sense was famously expressed in Alice in Wonderland "When I use a word," Humpty Dumpty said, in rather a scornful...
Leopard Solutions’ Annual Competitive Analysis
Our good friends at Leopard Solutions have just come out with their annual recap of the law firm competitive landscape. If you don't know Leopard, they have one of the most rigorously researched and scrupulously maintained databases there is to be had on a rich array...
The Parable of Two Airports and a Snowstorm: Is Your Firm Logan or Kennedy?
This piece is by Janet Stanton, Partner, Adam Smith, Esq. Shortly after the New Year, a powerful winter storm marched up the East Coast. While certainly a very serious storm, Grayson, as it was named, was far from the worst or most damaging. New York got about 10”...