The "Adam Smith, Esq." user survey comes down this Friday night. If you haven't had a chance to spend the three minutes it takes, please do so. Thanks! Full report, of course, to follow.
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The Story of Adam Smith, Esq.
Adam Smith, Esq., LLC was founded in 2003 by Bruce MacEwen. Its driving focus is on the business, economic and strategic issues facing sophisticated law firms as they face the challenges of practicing in the 21st Century. .
Our consulting encompasses guidance and counsel to help firms navigate in an increasingly competitive environment as well as capitalize on the opportunities and challenges presented by such diverse forces such as globalization and technology. Core competencies include geographic and practice area focus, partnership structure, compensation and incentives, practice group management, mergers & acquisitions, associate and alternative career paths and client relationship management. Our client list is confidential but is concentrated in the AmLaw 100, Magic Circle, Silver Circle UK firms, leading European, Canadian and emerging market firms. We regularly speak at firm retreats and industry conferences, globally.
AdamSmithesq.com, our online publication, serves as a companion to the consulting and is consistent with the overall positioning of the company, focusing on the business and economics of the global legal sector. The site currently generates about 4.2 million page-views per year or nearly 400,000 per month. It reaches a global audience, though a preponderance of readers are in the US. Of US readers, 45% are at AmLaw 50 firms and over 70% are at AmLaw 200 firms. Readership skews to senior management and partners at these firms. As of April 2011 over 1,100 articles have appeared, written by Bruce.
Adam Smith, Esq. is owned and managed by Bruce, who serves as President and Janet Stanton, a Partner who joined the company in 2007. She brings an augmented business focus to Adam Smith, Esq., based on perspectives gleaned from other industries and professional service sectors.
Adam Smith, Esq. has received plaudits from many of the top practitioners in the industry. We have also appeared in or been quoted in the most influential national international and business press as well as the most notable legal media. Our online publication has been hailed as “must read” by thought leaders throughout the sector.
Bruce MacEwen received his undergraduate degree from Princeton, magna cum laude in Economics and earned his JD at Stanford Law. He practiced at two distinguished firms in New York, Breed, Abbot & Morgan and Shea & Gould. Following that, Bruce practiced in-house for 10 years at Morgan Stanley/Dean Witter. Bruce is currently a Fellow in the College of Law Practice Management. He is based in New York.
Janet Stanton graduated from Vassar College and then entered the business world, where she worked in brand management at Johnson & Johnson. She also worked at respected advertising agencies such as Grey and Benton & Bowles. She spent 16 years at Bates Worldwide, reaching the level of Executive Vice President and was then President of a mid-sized agency near Philadelphia. Most recently, Janet served as Director of Client Relationships Program at Orrick, Herrington & Sutcliffe. She is based in New York.
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Recent Entries
- "Wait and [Never] See"
- Last week I wrote about innovation and how the early adopters can gain sustainable competitive advantage. This week is something of a follow-on, albeit one…
- Memorial Day 2011
- …
- Be Innovative? Who, Me?
- Jim Surowiecki, writing his regular column in The New Yorker, "The Financial Page," wrote last week about innovation and why it seems to take hold…
- God is in the Details
- Alex Novarese, Editor in Chief of LegalWeek, has a smart column this week called "Rugged Individualism--a year of firm-specific achievement in the US." Here are…
- Limits, Still
- Normally I don't refer to events stemming from my own experience in commenting on our industry-indeed, this is something of a first in the 8-year…
- Who's Signing Your Paycheck?
- A loyal and exceptionally thoughtful reader, and reasonably regular correspondent (also with a strong academic background in economics), writes: Bruce: I enjoyed your 9 February think…
- Adam Smith, Esq. Launches A New Company: JD Match
- Today Adam Smith, Esq. takes great pleasure in announcing the launch of a new company dedicated to rationalizing and bringing a measure of order, efficiency,…
- Fifth in Our Series on Strategy: What it Takes to Be Tier 2
- Recently, I wrote about what I called the Tier 1/Tier 2/Tier 3 challenge for BigLaw. Briefly, the Tiers are: 1: What everyone aspires to. Think…
- Fourth in Our Series on Strategy: Tier 1, Tier 2, Tier 3?
- Toby Brown and Ron Friedmann (both friends) have a thoughtful and well-reasoned point/counter-point going over at "3 Geeks and a Law Blog," which they invited…
- We're Not The Newspaper Industry
- When Slate writes about it, it's entered the mainstream. In this case, that would be the "whopping" 11.5% year over year drop in the number…
- Seminar on Value-Billing Fee Arrangements/New York/March 24
- I'd like to bring to your attention an all-day seminar happening here in midtown New York on Thursday, March 24th, sponsored by the Ark Group…
- The "Adam Smith" Award for Innovation in Legal Service Delivery
- A couple of weeks ago I learned that the legal department of Kraft Foods issued its "Adam Smith" award, for innovation in the delivery…
- Reminder: Brief Survey on Law Firm Leadership
- Don't forget to the take the Law Firm Leadership Survey co-sponsored by Adam Smith, Esq., and Vault.com, Inc., the leading online career intelligence site.The survey…
- Third in Our Series on Strategy: Bad Strategy
- As a management consultant to law firms, perhaps the most consistently infuriating phenomenon I encounter (all the time and everywhere, I'm deeply sorry to…
- Joe Flom, 1923-2011
- We've all heard the sad news that Joe Flom died Wednesday at age 87. (WSJ, The American Lawyer, The New York Times, DealBook) Over 20…
- A Modest Proposal for Alternative Fees
- There's been so much talk recently about "alternative fee arrangements" (AFAs) that, frankly, we're exhausted. But before we give up on the subject entirely…
- Survey on Law Firm Leadership: An Adam Smith, Esq./Vault.com, Inc. Collaboration
- With delight I can announce that Adam Smith, Esq. is embarking on a collaborative effort with Vault.com, Inc, the leading career intelligence site for those…
- What's the Half-Life of a Lateral Partner in London?
- A-ha! That, at least, was my reaction when reading the research report published this week in The Lawyer. Here are the top-line results, and then…
- New Client Minimums? Meet DLA
- Tim Bratton, the general counsel of the Financial Times, has an interesting perspective on DLA Piper's recently announced plan to revamp its client base.…
- Winners Take All? Yes, No: Debate Among Yourselves
- I suppose that when it's in The Wall Street Journal, it's true. Well, it's certainly true that attention must be paid. Which brings us…
- Show Me the Money (And the Love)
- Here on Adam Smith, Esq., we've never devoted a lot of ink to work/life balance issues or, for that matter, to lawyers' happiness with…
- Kaizen Comes to The City
- A few days ago I had a chance to catch up with my friend Alex Hamilton, now at radiant.law. (I knew Alex in his previous…
- Second in Our Series on Strategy: Strategic Planning 101
- Booz & Co.'s Strategy + Business published something of a primer called "Successful Strategic Planning" last month, and it's worth a quick review for the distilled--if…
- First in a Series on Strategy in the New Normal
- "With all respect, I think that's the wrong question. There's always new stuff out there, and most of it's not very good. Rather than…
- We Are Not Alone
- This is a tale of how this is not your father's recession. About a year ago I read Reinhart and Rogoff's This Time is…



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