The Lex Pan name is a reflection of the firm's guiding philosophy.

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Lex:  Latin; lex, noun -- "law."

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Pan (shortened from "pandit"): Latin; pandit, verb -- "opening or expanding," "revealing."  Sanskrit; पण्डित, pandita, noun -- "a learned person with specialized knowledge," cf. "pandit" or "pundit."

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[And yes, "Lex" and "Law" are indeed recursive.]