Question of the Month: How to get lawyers to collaborate?

Take it away, readers! The most effective way to get lawyers to collaborate is: With direct incentives through compensation, e.g., multiple credits for importing/exporting business across offices and/or practices. By penalizing (through compensation) hoarders and...

The Death of Lockstep?

Last week Jim Stewart of The New York Times published $11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms which was pegged to the news that Sandra Goldstein had left Cravath for Kirkland, and a reported compensation package of $11-million/year...

The Law That Will Bite You Every Time

My favorite law in the whole world is the Law of Unintended Consequences.  I suspect I’m so fond of it because it’s intrinsically perverse, it smotes the smartest people (maybe especially the smartest people), it’s of universal applicability, and it shouldn’t be that...

Mergers & Alliances: Proceed with Caution

The following column is by Antonio Leal Holguin, Director, Adam Smith, Esq.  Antonio is based in Santiago, Chile, and spearheads our Latin America practice.   Mergers & Alliances:  Proceed with Caution Five Steps for Latin American Firms In our recent Latin...

February 2018 Question of the Month: Origination Is ____?

You know what to do!  Please use the comments box at the bottom for any additional thoughts or observations.   The most accurate way to characterize origination credit is: A necessary and proper economic incentive for business development A just and fair...

Question of Month: Succession Planning: Why is it Radioactive?

This column is by Janet Stanton, Partner, Adam Smith, Esq. Dear Readers, Succession planning has been much on our minds lately, in part because it is so rarely on the minds of most law firms or lawyers.  And as Bruce noted when posing this question, “according to the...
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