The Rise of Super-Elite Law Firms: Towards Global Strategies

Segal-Horn, Susan and Dean, Alison (2010) The Rise of Super-Elite Law Firms: Towards Global Strategies. Service Industries Journal, 31 (2). pp. 195-213. ISSN 0264-2069. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

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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: 14 Apr 2014 15:18
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