Tim Corcoran

JACK SMITH: “I have seen how the rule of law can erode. My fear is that we have seen the rule of law function in our country for so long many of us have come to take it for granted. The rule of law is not self-executing. It depends on our collective commitment to apply it.”

Wow! The lawyer guild has long been criticized (not threatened) for using self-regulation to stifle innovation by non-lawyers, which might lead to bad lawyering. Ironically, the real threat stems from the guild's failure to self-regulate bad lawyering from within. www.ft.com/content/cf5d...

Lawyers who fight tech & innovation claim only JDs are uniquely qualified to provide A2J & protect the rule of law, so we must preserve their status quo! Now as some lawyers shred the Constitution, the Bars stand idle. Turns out self regulation has always been just a trade barrier, not an ethos.

Sen. Cassidy to be primaried and lose his job. Time for his state’s medical board to strip his medical license for betraying his oaths to the medical profession & to his constituents to further his political ambitions. Time to ensure he can do no harm any longer… until he moves to Florida.

Did anyone else receive a text today from Verizon, apologizing for the outage & offering a $20 credit? It’s from a new number Verizon has never used with me. Claiming the credit requires clicking a link. Clever phishing or legit?! To be safe, I confirmed and then redeemed the credit in my phone app.

Did a Supreme Court Loss Embolden Trump on the Insurrection Act?

Some days, it’s unfathomable to see how far we’ve fallen as a society. Wannabe oligarchs & fascists aren’t new. But my whole career lawyers have claimed only they can ensure the preservation of of the rule of law. Now, when we need them most, so many are failing us. www.nytimes.com/2026/01/15/u...

LA public defender forms pilot program designed to help defendants with neurocognitive disorders The ABA Journal is read by half of the nation's 1 million lawyers every month. It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue.

Love it when lawyers innovate like this. Per ABA Journal: "People with disabilities are victimized, arrested & incarcerated at disproportionately high rates. People in jail are 4x more likely to have a nonpsychiatric disability... those with cognitive disabilities are at a rate 7x higher."

Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs Carney, Japan And The EU proved America's Idiot Emperor Has No Clothes

Predictably, Trump blinked & reversed most tariffs. As noted above, the US receives a lot of foreign capital purchasing US Treasury bonds, which keeps the dollar strong. Leaders of other nations sent a message via the bond market: deanblundell.substack.com/p/carneys-ch...

Is this all driven by one poor pricing decision? Of course not. But senior mgmt w/ no appreciation for market competition & price sensitivity love their magic spreadsheets. The better way to boost sales might be hiring more salespeople. Or lowering prices to sell more units at no marginal cost!

Whether it's burying denied operating costs in an acquisition budget, cutting back investments in the new acquisition, extending the ROI time horizon "due to market info not available during due diligence," acquisitions offer a lot of air cover. Worst case, bury all bad news in one rough quarter.

Sooner or later, driven by a need to regain a competitive edge, or to look action-oriented, the CEO will pursue acquisitions. Acquisition financing is easier to get than growing operating costs, especially with hockey stick revenue projections! Conveniently, it takes a while to merge the books.

Now, another price increase, higher unit sales targets, often a new head of sales &/or fresh salespeople asked to sell products whose development roadmap was curtailed to cut costs. So, selling less for more. CEOs can repeat this play a lot if there are "switching costs" limiting customer attrition.

It sucks to miss the revenue target, but luckily mgmt has other levers available to meet the profit target. Freeze travel, freeze hiring, demand all divisions cut costs, terminate "unnecessary" staff. Profit target met! Mgmt earns a bonus & plans to catch up in next year's revenue forecast. Uh oh!

Poor pricing occurs a lot in business. One version: New CEO demands price increases to look action-oriented, oh and to hit earnings targets triggering a performance bonus. Mgmt ups the price, adjusts forecasts. Buyers react, some buy less. Salespeople fired, heads roll. Revenue target missed!

Similarly, imposing a tariff on imported goods doesn't magically skyrocket government tariff revenue by the tariff amount multiplied by the import's current trading volume. Higher prices cause some to stop buying and others to find lower-cost substitutes or alternatives. Tariffs impact trade volume.

First, explaining macroeconomics. Now, microeconomics. Let's say I earn $1,000 selling 10 pairs of shoes at $100 per pair. I want to earn more, so I raise the price of the exact same shoes to $750. Will I still sell 10 pairs and earn $75,000? Not likely. Why? Price sensitivity.

I’m referring to gifting another wine cooler from my coat in the corner! Turns out wine coolers were a great conversation starter, but often not enough to overcome my scruffy mullet and wiseacre persona. Say, Scruffy Mullet & the Wiseacres is a cool band name. So is Dancing With Meatheads. /fin

Alas, many girls sweet-talked me until I gifted them a wine cooler, then they drifted into the crowd to resume slam dancing with meatheads. But some girls showed more appreciation by, well, not to be salacious, let's just say it involved an exchange of sweet, sticky fluids in a quiet corner! 🧵

Sure, other dudes mocked me. A lot. But the girls noticed me, and some were definitely trying to get into my pants! Specifically, they wanted access to my left rear pants pocket, where I carried my spare wine cooler. One in my hand, one in my pocket, two more stashed in my coat in a quiet corner. 🧵

Fun fact: I don’t like beer. Never have, never will. As a result, in my college days, keg parties weren't much fun. Booze wasn't cheap, so I decided to bring what every dude in the late ‘80s was proud to carry into a party: a 4-pack of chilled Seagrams Wild Berry wine coolers! 🧵

When will the lawyer guild - which has long enjoyed self-regulation because lawyering is supposedly too complex for non-lawyers to grasp, let alone oversee - start taking the long-overdue action of disciplining lawyers who brazenly subvert the rule of law and utterly fail on character & fitness?

Just imagine some man on the other side of that screen, sitting at a fake desk, wearing makeup and poncy clothes, constantly yearning for more manly men. $10 this is all projection and he's eventually outed. Dude, it's okay. You really can live the life you really want. No judgment.

We all know 47's tariffs, deportations & dismantling of govt aren't because he's terrible at business. He is. Daydreams of dominance & revenge are how scared, unloved, little boys retreat from trauma. His ability to act out these dreams make him a hero to his angry fans feeling screwed over by life.

5 songs that transport me instantly back to my tween years: (1) Firefall "Just Remember I Love You" (2) Poco "Crazy Love" (3) Paul McCartney & Wings "With a Little Luck" (4) Jay Ferguson "Thunder Island" & (5) Andrew Gold "Lonely Boy." You don't even need a mono AM radio to hear them, just YouTube!

This is a lot. With a lifetime of business experience, I still only grasp some of it. My goal wasn't to shame or confuse but to help my elderly relative see this is more nuanced than TV pundits have made it. Alas, no dialog ensued. No minds were changed. At least until the TV says it's okay. 21/21

Lastly, the US isn't going bankrupt from deficit spending or national debt. Neither is ideal but the US sells debt to cover deficits. This infuses a LOT of foreign money into the US economy & keeps the dollar strong. 20/x

The entrepreneurial desire to source materials & labor where advantageous and to sell goods & services wherever there are buyers is beneficial in the US and abroad. Undisciplined tariffs & isolationism are self-defeating. Whatever's driving this, it's neither rational nor good for business. 19/x

We can already observe what happens when politicians try to "regain control of our economy" by conflating free trade with nationalism & exploiting xenophobia. The Brexit movement was inarguably suboptimal for the UK. A quest for power by a few racist politicians is no reason to tank an economy. 18/x

Free trade doesn't like uncertainty. Repeated threats & random retractions of inexplicable tariffs damage goodwill & hamper sales. Recessions also hamper sales. The US has long been a safe haven for foreign buyers & investors. The US dollar is the world's currency standard. This is now at risk. 17/x

Coincidentally, the US govt is generating some new tariff revenues. Elsewhere, there's an ongoing purge of govt expenses. How fortuitous that at the exact moment US companies will be begging for some relief, the govt is freeing up funds to offset what will likely "need" to be a sizable tax cut! 16/x