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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 +

Happy Independence Day

by | Jul 4, 2017 | 0 Comments

"You have a republic, if you can keep it."—reliably attributed to Benjamin Franklin, at the close of the Constitutional Convention of 1787. With that as our text in mind for this parlous and yet inspiring Independence Day celebration, two threads tying our present...

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Succession Planning 101

by | Jun 29, 2017 | 0 Comments

Coming to the fore more prominently these days across a large portion of firms we work with and the industry overall is the issue of succession planning. It comes up in one or both of two contexts, (a) transitioning key client relationships from incumbent partners to...

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GE vs Amazon Take 2

by | Jun 25, 2017 | 0 Comments

A brief follow-on to the earlier column on Amazon, GE, and Whole Foods. The typically worthwhile Greg Ip, writing in The Wall Street Journal on "The Economy Needs Amazons, but it Mostly Has GEs", gives us the following chart: The point? For 20+ years, Bezos has...

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Question of the Month: Report #1

by | Jun 22, 2017 | 0 Comments

This column written by Janet Stanton, Partner, Adam Smith, Esq., Quick reprise: Earlier this month we launched a new feature on Adam Smith, Esq.: The question of the month. The inaugural question was: Is “origination” just a nicer term for “sales commission?” If so,...

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Lessons from Amazon/Whole Foods

by | Jun 19, 2017 | 0 Comments

Jeff Immelt's stepping down as head of GE after 16 years was the odds-on favorite to be the big business story of the week until of course the Amazon/Whole Foods acquisition sucked all the oxygen out of the building. Any lessons in here for Law Land? Bear with me,...

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