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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