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Adam Smith, Esq.

Adam Smith, Esq.

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Adam Smith, Esq. is "an inquiry into the economics of law firms." The blawg links to and analyzes articles about law firm strategy and profitability.

Author: Bruce MacEwen is a law firm consultant in New York City who previously worked as an attorney at two large New York City firms and at Dean Witter/Morgan Stanley. He is also the New York regional director of Managing Partners Forum, a global organization of managing partners and CEOs of law and other professional services.

Blawg Related Categories: CareersLayoffsLaw FirmsLaw Practice ManagementLegal Marketing & ConsultingConsultantBlawg 100


Recent Posts from Adam Smith, Esq.

  • What Makes Laterals Run?

    Perhaps I don't write as much as I should about lateral partners. I mean the economic phenomenon of lateral partner hiring, not gossip that much of the legal press seems to specialize in about specific…

  • We're On the (Virtual) Move

    Over the course of the next few days, "Adam Smith, Esq." will be on the virtual move, to a new hosting service. The only reason I mention this--it should be invisible to readers--is in case…

  • In That Case, Are We the Investment Banking Industry?

    Clients coming to me--and they're coming to me as never before--seeking clarity on what this will all look like "on the other side" are usually, for starters, really asking "How worried should I be?" Sometimes…

  • Law Firm Business Models: A New Series

    According to the most recent fossil record discoveries, life on Earth dates back about 3,450-million years. But for about the first 85% of that time span, organisms were extremely simple, composed of individual cells, occasionally…

  • You Have Permission to Ask For Help

    I've written before about the extraordinary premium put on leadership in this once-in-a-career period we're passing through, but because of its importance it's none too soon to recur to it. What can be said that…

  • Jim Collins' "How the Mighty Fall"

    Jim Collins, author of the perennial business best-sellers Good to Great and Built to Last is back, and in this outing he presents what sounds like the most timely How the Mighty Fall: And Why…

  • Guest Lecturing at USC Law

    I'm at USC Law School speaking in a course entitled The Evolution of Large Law Firms: Effects of the Storm, taught by Adjunct Professor Bry Danner, former partner at Latham & Watkins and General Counsel…

  • Hogan & Hartson/Lovells?

    Hogan & Hartson/Lovells? As amply reported (Legal Week, The National Law Journal, The Lawyer), the firms are in merger talks and, since no one is remotely denying the reports, we can only assume it's all…

  • Legal OnRamp Release 2.0

    I've written previously about Legal OnRamp, but some new developments call for an update. What's new?  Primarily, the ability of individual law firms to feature their own selected areas of expertise.  First up is Latham…

  • Lies, Damned Lies, & ...

    Regular readers know that among the many demigods in my polytheistic pantheon is the subaltern who stands guard to keep the faculties of Critical Thinking from being waylaid by cant or derailed by sensationalism. This…


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