International Journal of Business and Economics Volume 5, No. 2 August, 2006 |
The Global Law Firm: An Initial Study of Strategy and Performance |
David M. Brock |
Department of Business Administration, Ben-Gurion University, Israel |
Tal Yaffe |
Department of Management, Ben-Gurion University, Israel |
Mark Dembovsky |
Reed Smith, London, U.K. |
Abstract |
We explore large law firms, their strategies and measures of their effectiveness. Our findings suggest that optimal partner profitability is a function of moderate expansion strategies. Contextual variables, like baseline profitability and national origin, also have important impacts on performance. |
Keywords:strategy, profitability, law firms. |
JEL Classifications:F23, M10. |
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