Our Still Noble (?) Profession

Having been born in Manhattan, raised in a very close-in suburb which orbited in the firm grasp of The City and existed to serve it (it was the era when parents did that), and having lived and worked on this Island ever since college and law school, I plead guilty to...

Tepid Can Kill You

You deem the following quote: Surprising, because your partners are totally game for whatever changes the rapidly evolving world is throwing at your firm; Utterly familiar—depressingly so; The ace you have up your sleeve as Managing Partner when it’s simpler to...

Happy Thanksgiving

A Macy’s Parade balloon gets ready for its big annual moment–this all happens about a mile from the offices of Adam Smith, Esq.: Courtesy The New York Times....

Selecting Your Firm’s Next CEO

The longer I’m a student of our industry, the more firms we observe outperforming and underperforming, and the more clients we engage with (several recently) on the issue of leadership succession planning, the more firmly I believe that leadership matters....

Adam Smith on the Colonists’ Victory

Adam Smith was living in Edinburgh in October 1777 when a distraught friend brought news of the surrender of British General Burgoyne at Saratoga, exclaiming in the deepest distress that the British Empire was ruined. “There is much ruin in a nation,”...

The Fatal Shore

Nearly 20 years ago Robert Hughes published The Fatal Shore: The Epic of Australia’s Founding, still perhaps the definitive historical treatise on Australia’s founding from the continent’s discovery by the West to Britain’s decision to...
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