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Our Existential Moment
Here at Adam Smith, Esq. our robust, and for 20+ years inviolate, policy has been never to comment on current affairs. That ends today. We value no civic principle more highly than the primacy of the Rule of Law. And we have long had the luxury of being able to take... read more +If Supply Grows Faster Than Demand,…
Sometimes it’s the quiet, seemingly unremarkable, things that ultimately rear up and bite you. Here may, or may not, be one. Let’s start with this chart from Thomson Reuters redoubtable annual Report on the State of the US Legal Market (here, the 2024 edition...
A.I.: Friend or foe? Webinar–You’re Invited!
Thursday May 2nd: 11:00 a.m. – 12 noon Eastern Time (US and Canada) How is A.I. impacting BigLaw? Bruce, Janet and the esteemed Toby Brown of DV8 Legal Strategies will discuss the ways Gen A.I. is impacting law firm business models and what the implications are...
Is the American Legal Profession a Guild?
This is one in our occasional series of excerpts from my yet-to-be-published new book, treating, among other things, the historic roots of our profession tracing back to medieval guilds. I hope you enjoy, and, more importantly, that you provide any feedback,...
Three Cheers for Black Box Comp
When it comes to partner pay, the first thing everyone salaciously wants to know is “how high is up?” And second by a nose is probably “Who’s on top and by how much, especially compared to me?” Please, people, we can do better than this. (You have to admit it sounds...
Who Needs To Be Listening To Your Clients? You do.
The following column is by Janet Stanton, Partner, Adam Smith, Esq. For unfathomable reasons many law firms and lawyers eschew client feedback. The reason we’re baffled by this is that at its most basic, the business of law firms is to serve client’s needs. Let me...
