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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 +

“Transition” or “Chasm?”

by | Jan 17, 2017 | 1 Comment

The following article was first published earlier this week in The Lawyer.  We reproduce it here with their kind permission. Two days after the US Presidential election, the Atlantic magazine’s lead article, “The Trump Transition Begins,” opened with this short...

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Imagine if Pres. Trump Tweeted You Out on This

by | Jan 6, 2017 | 2 Comments

Q: What could put your firm at severe peril of failure that has nothing to do with clients, markets, bank debt, partner flight, infighting at the top, or any of the other usual suspects? A: A cybersecurity breach of your systems exposing confidential client info. Yes,...

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Now What? (Hint: Growth Is Dead)

by | Jan 2, 2017 | 4 Comments

It's become a commonplace to observe that Law Land has entered a period of negligible overall real growth in demand. (Five years ago I published Growth Is Dead: Now What?, which at the time prompted a fair amount of skepticism, a perspective on the book which seems to...

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Our Still Noble (?) Profession

by | Dec 8, 2016 | 3 Comments

Having been born in Manhattan, raised in a very close-in suburb which orbited in the firm grasp of The City and existed to serve it (it was the era when parents did that), and having lived and worked on this Island ever since college and law school, I plead guilty to...

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Tepid Can Kill You

by | Nov 30, 2016 | 0 Comments

You deem the following quote: Surprising, because your partners are totally game for whatever changes the rapidly evolving world is throwing at your firm; Utterly familiar—depressingly so; The ace you have up your sleeve as Managing Partner when it's simpler to go...

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