The Billable Hour and [vs.?] Pricing AI-Driven Legal Services
A few weeks ago, we raised the topic with our friends at Thomson Reuters Legal Practice Management about what the consequences of a widespread deployment of Generative AI might portend for–you guessed...
View ArticleSingle Tier is Dead: Long Live Single Tier
Comes word that Cleary Gottlieb is abandoning its increasingly rarefied “single tier” status and will begin naming Non Equity Partners “with immediate effect.” The intrepid Roy Strom of Bloomberg Law...
View ArticleThe 2024 Nobel Prize in Economics Goes To…..
The Nobel in Econ (a/k/a The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for 2024 was awarded a few days ago to Daron Acemoglu and Simon Johnson of MIT and to James Robinson...
View ArticleIndustrial Concentration in Law Land
‘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...
View ArticleThe Beauty of the Eisenhower Box
This column is by Janet Stanton, Partner, Adam Smith, Esq. One of the most enduring and vexing problems we all face (almost all the time) is how to sort through the myriad competing (conflicting?),...
View ArticleHow High the Sky?
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...
View ArticleBloomberg Law Interview on the Non-Equity Tier
With yours truly live on camera. Thanks to our “BLaw” friends for making this possible. Feel free to share.
View ArticleJob Description: Managing Partner
The following column is by Janet Stanton, Partner, Adam Smith, Esq., LLC—Bruce We were wondering what a help-wanted ad for a Managing Partner[1] would look like; knowing of course, that we’ll never see...
View ArticleOur Existential Moment
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...
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