Adam Smith, Esq.
  • Our Team
  • Services
  • Articles
  • Clients
  • Contact
Select Page

“I Was Wrong”

by Bruce | July 28, 2022 | About the Site, Articles, Cultural Considerations, Finance, NewLaw, Partnership Structures, Practice Group Management, Strategy

Recently The New York Times devoted its Sunday “Opinion” section to the theme, “I was wrong,” and several of its leading columnists each penned an essay “I was wrong about….” This set us thinking. And with hardly any...

Supply Chains Aren’t Just for Manufacturers

by Bruce | July 5, 2022 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Recruiting, Strategy

Yes, I’m looking at you, law firm leaders.  You, too, have a supply chain.  It’s time to start thinking of it that way. May we take a step back for a moment?  From the redoubtable St. Louis Fed comes a study Supply Chain Disruptions and Inflation During...

“Everything Must Go!” (Your Office Edition)

by Bruce | June 23, 2022 | Articles, Business Models, Finance, Leadership, Practice Group Management, Strategy, Technology strategy

Two plus years after the simultaneous worldwide Office Exodus (“Everybody out of the building!”) at the onset of this pandemic, we are at last beginning to emerge from the by-guess-and-by-golly finger-in-the-air period of figuring out what WFH (thank you,...

Fun With Rate Increases: How High is Too High?

by Bruce | June 15, 2022 | Articles, Branding, Client Relationships, Finance, Leadership, Practice Group Management, Strategic Client Management, Strategy

A few days ago the intrepid and data-tropic Bloomberg Law reporter Roy Strom published Big law rates topping $2,000 leave value ‘in the eye of the beholder.’  Roy is a friend (disclosure!)  but his story prompted some reflections hereabouts on “How...

The Associate Attrition/Comp Wars: The Data is Just Plain Weird

by Bruce | June 7, 2022 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting, Strategy

Editor’s Note: A modestly condensed version of this article was published a few weeks ago in Thomson Reuter’s Forum magazine.  It was the leading story for a week after it was published. We appreciate their courtesy in letting us republish a slightly...

Recession? Time for Scenario Planning!

by Bruce | June 1, 2022 | Articles, Business Models, Compensation, Finance, Leadership, Practice Group Management, Strategy, Technology strategy

This article was co-written with Janet Stanton, Partner. As you know, we have recently published our thoughts on the likelihood of a recession in the United States:  Reasonably high, in a nutshell.  We won’t rehearse our reasoning here in detail, but the root cause...
« Older Entries
Next Entries »

Categories

  • About the Site
  • Adam Smith Himself
  • Articles
  • Book Reviews
  • Branding
  • Build Back Better
  • Business Models
  • Client Relationships
  • Compensation
  • Cultural Considerations
  • Finance
  • Generative AI
  • Globalization
  • Ineffable
  • Innovative Managing Partners
  • Just Plain Interesting
  • Knowledge Management
  • Latin America
  • Law Schools
  • Leadership
  • M&A
  • Marketing
  • NewLaw
  • Partnership Structures
  • Practice Group Management
  • Profiles of Individuals
  • Publications
  • Question of the Month
  • Recruiting
  • Strategic Client Management
  • Strategy
  • Technology strategy

Publications

Adam Smith, Esq. Library Book Covers

available now on Amazon +

Contact

Bruce MacEwen, President
Email
direct: +1.212.866.4800
New York

Janet Stanton, Partner
Email
direct: +1.212.866.4270
New York

Sign-up for email

Be the first to learn of
Adam Smith, Esq. invitation-only events, surveys, and reports.

join now +
Privacy Policy / Entire site © Copyright 2003 – 2026 Adam Smith, Esq., LLC, New York, New York, US. All rights reserved. “Adam Smith, Esq. …an inquiry into the economics of law firms”® is a federally registered trademark.
Adam Smith, Esq.