by Bruce | December 12, 2022 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Remember these? We made it customary here at Adam Smith, Esq. to publish a “Letter from….” after our return from any meaningful business trip to noteworthy cities. And, thankfully, here we are. When you’ce been away from anything–a Great...
by Bruce | November 18, 2022 | About the Site, Articles, Business Models, Compensation, Cultural Considerations, Partnership Structures, Recruiting
This article is by Janet Stanton, Partner, Adam Smith, Esq. Recently, we had the good fortune to work with our great friends at Above the Law on a project to delve into the current associate mindset. As with the recent midterm elections, the results were not what the...
by Bruce | November 16, 2022 | Articles, Branding, Cultural Considerations, Leadership, Partnership Structures, Recruiting, Strategy
Memory does not recall these pages ever featuring or even mentioning a rap star or a basketball star, but we are confident that our readers have wide-ranging and catholic tastes so we are sailing forth here undaunted. Plus, there should be a first time for...
by Bruce | October 4, 2022 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting, Strategy
We’ve worked with a lot of law firms over the years and an evergreen topic of discussion is their partner compensation plan–how it’s structured overall, if it’s aligned to the firm’s strategy, and then all the devilish details to be...
by Bruce | September 13, 2022 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Recently across my desk came a copy of a thoughtful and comprehensive article on why law firms collapse. Or rather, I should say, a pair of articles on that topic, both by John Morley, Yale law professor {his name was not familiar to me). The pair of articles consists...
by Bruce | August 21, 2022 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Strategy, Technology strategy
We distributed this column several weeks ago to our “friends and family” opt-in email list (which has a handsome level of subscribers and is free–what’s taking you so long? [sign up at the foot of our homepage]) but herewith on our public site....