Segal-Horn, Susan and Dean, A. (2010) The Rise of Super-Elite Law Firms: Towards Global Strategies. The Service Industries Journal . ISSN 0264-2069 .
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| Official URL http://dx.doi.org/10.1080/02642060802706956 |
Abstract
This paper reviews the pressures towards globalisation reshaping the corporate law sector. It uses Yip's [Yip, G.S. (1996). Total global strategy (2nd ed.). Englewood-Cliffs, NJ: Prentice-Hall] framework of global industry drivers. The dominant view has been that the globalisation potential of the legal industry is low since there are few global legal products and many regulatory differences between markets. However, within the corporate law sector, strong regulatory differences between countries are outweighed by the combined impact of market, competitive and cost drivers. Evidence from this research shows that the balance of industry drivers is towards there being benefits to the pursuit of global strategies within this sector. In practice, a small number of very large corporate law firms are implementing global strategies in pursuit of specific sources of future competitive advantage. Thus a small 'super-elite' of globalising firms is emerging.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences |
| Divisions: | Faculties > Social Sciences > Kent Business School > International Business and Strategy |
| Depositing User: | Rebecca Stevenson |
| Date Deposited: | 21 Dec 2009 12:18 |
| Last Modified: | 04 May 2012 13:33 |
| Resource URI: | http://kar.kent.ac.uk/id/eprint/23533 (The current URI for this page, for reference purposes) |
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