by Bruce | October 11, 2017 | Articles, Business Models, Cultural Considerations, Globalization, Latin America, Leadership, Partnership Structures, Strategy, Technology strategy
The following article is reprinted by kind permission of Thomson Reuters, where it first appeared in their Forum magazine. It was written by Antonio Leal Holguin, Director, Adam Smith, Esq. The Colombian case. Twenty years ago, Colombian lawyers were still artisans....
by Bruce | October 8, 2017 | Articles, Business Models, Partnership Structures, Question of the Month
This column is by Janet Stanton, Partner, Adam Smith, Esq. Let’s start at the source. Here is the most salient part of Rule 5.4 “Professional Independence of a Lawyer” regarding law firm ownership for most of the US (Washington, DC and Washington state are exceptions...
by Bruce | October 5, 2017 | Articles, Finance, Strategy
With the kind permission of Thomson Reuters, I republish the following article which appears in the most recent edition of their Forum magazine. What are we to make of the recently released 2016 AmLaw 100 numbers? “Rather impressive,” as AmLaw put it in their May...
by Bruce | October 2, 2017 | Articles, Branding, Business Models, Compensation, Finance, Law Schools, Leadership, Recruiting
Across the pond from New York our friend Alex Novarese, editor in chief of Legal Business, just published his commentary Associate pay smoke screen: it’s fooling no-one, which notes “the emergence over the last two years of suspiciously co-ordinated attempts by London...
by Bruce | October 1, 2017 | Articles, Cultural Considerations, Leadership, Partnership Structures
We intend October’s “Question of the Month” to squarely address an issue laden with financial and emotional repercussions. But we have surpassing confidence that Adam Smith, Esq.’s intrepid readers are up to it. Without further ado, then: [poll id=...
by Bruce | September 29, 2017 | Articles, Question of the Month
Today is September 29th and voting is about to close on this month’s Question: Is the prohibition against non-lawyers having an ownership interest in a law firm still a good idea? Cast your vote here. At this moment we’re at 143 votes; let’s break...