by Bruce | November 4, 2025 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy
Back in March we first wrote about the theretofore-inconceivable systematic attack on BigLaw by our current Administration in Washington, DC. The “program of revenge,” as we described it, calculatedly targeted law firms representing clients and interests...
by Bruce | October 1, 2025 | Articles, Business Models, Leadership, Practice Group Management, Strategy
In the most recent of what’s beginning to feel like a parade of star litigators jumping ship from BigLaw, comes word that Karen Dunn has left Paul Weiss to join a startup litigation boutique; in the first few months of its existence it’s already past two...
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 26, 2025 | About the Site, Business Models, Cultural Considerations, Partnership Structures, Practice Group Management, Strategy
With yours truly live on camera. Thanks to our “BLaw” friends for making this possible. Feel free to...
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...