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Lawyers, law firms, and the stabilization of transnational business

Flood, John and Sosa, Fabian (2008) Lawyers, law firms, and the stabilization of transnational business. Northwestern Journal of International Law & Business, 28 (3). pp. 489-526. ISSN 0196-3228

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Abstract

The article discusses the role of lawyer and law firms on transnational business and enterprise. It stresses that lawyers strive to stabilize the expectation of clients at the level of the law firm where leakages of information is considered as failure of lawyer. It notes that clients are aware of resources available on large law firms and expect to capitalize on them when they hire law firms. It emphasizes that large law firms dominate because of its collaboration in production of many elements. Meanwhile, midsized law firms have fewer resources compared to large one. It points out that their bi-national reach limits their capabilities to clients that they have to rely more strongly on associations, linkages, networks, and affiliations to attract a greater range of cross-border work.

Item Type:Article
Uncontrolled Keywords:Transnational business, cross-border transactions, lawyers, Luhmann, Gilson
Research Community:University of Westminster > Law, School of
ID Code:6057
Deposited On:19 Feb 2009 11:40
Last Modified:22 Apr 2009 14:53

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