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,... read more +

No, The Business Cycle Has Not Been Repealed

Capitalism without failure is like religion without hell. --Charlie Munger of Berkshire Hathaway and to our readership famously of Munger Tolles as well (noted in The Wall Street Journal.)     By the time you read this, all of these visuals will be...

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The WFH/RTO Impasse: What are we Supposed To Do?

Covid-19 may be behind us as a daily personal preoccupation, but one major repercussion of its shockingly extended and global impact is still with us:  Do we or do we not go back to the office? May we review the bidding? Totally remote/zero days-week in the office is...

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Why Would Anyone want to be Managing Partner?

The following column is by Dario Ramon Buschor, PhD and incorporates original research of his.  He describes himself thus:  "I prefer to work with lawyers instead of working as a lawyer. That’s why I, a Swiss lawyer by training became a researcher, lecturer...

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Lanyards Are Stupid

This column is by Janet Stanton, Partner.  Adam Smith, Esq. The very (very!) good news is that IRL conferences are back.  We recently attended two on opposite coasts just over the course of ten days   What is definitely not so welcome is that lanyards are back as...

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Polycrisis

Consider: According to PwC’s annual 2023 survey of CEOs worldwide (4,410 from 105 countries), 40% said they did not see their own companies as viable in 10 years if they stayed on their current path. Bob Moritz, PwC's global chair, summarized it as follows: “Chief...

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Janet Stanton, Partner
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New York

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