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International Journal of Business and Economics

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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