by Bruce | May 13, 2026 | Articles, Book Reviews, Finance, Globalization, Strategy
Continuing our series on prominent economists from the Industrial Revolution to AI, drawing liberally on the impressive accomplishment of John Cassidy’s Capitalism and its Critics: A History: From the Industrial Revolution to AI (John Cassidy, Farrar, Strauss and...
by Bruce | April 30, 2026 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. It’s our first profiling not a champion of capitalist progress but a stout opponent. Cassidy opens this, Chapter 3 of his work (“The Logic of the Luddites”)...
by Bruce | July 27, 2025 | Articles, Cultural Considerations, Finance, Strategy
A few weeks ago a law land journalist asked us if we had any insights to offer about the above-average rate of expansion of law firms in a particular US metro market—which itself had been expanding at an above-market rate in business investment and population. This...
by Bruce | March 17, 2025 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Here at Adam Smith, Esq. our robust, and for 20+ years inviolate, policy has been never to comment on current affairs. That ends today. We value no civic principle more highly than the primacy of the Rule of Law. And we have long had the luxury of being able to take...
by Bruce | February 16, 2025 | Articles, Business Models, Compensation, Finance, Strategy
We’re in the thick of BigLaw’s year-end earnings season, where firms left and right are reporting their FY2024 financial results. The numbers of greatest interest from a macro-industry perspective–setting aside the perennial gossip-intensive zero...
by Bruce | December 9, 2024 | Articles, Business Models, Finance, Globalization, M&A, Strategy
‘We want to use this combination to forge a new global elite,’ Herbert Smith Freehills (HSF) CEO Justin D’Agostino tells Legal Business as he discusses the firm’s ambitious merger plans with New York’s Kramer Levin. So opens LegalBusiness’ main article[1] late last...
