Techniques for Integrating Legal Considerations with Business Processes
Southern Journal of Business and Ethics, 9, 34-56, 2017
23 Pages Posted: 3 Aug 2020
Date Written: 2017
Abstract
Numerous scholars have developed frameworks that will facilitate organizational efforts to obtain competitive advantage from the law by further integrating legal considerations into business decision-making, including the five pathways of legal strategy, the manager’s legal plan, legal astuteness, concept-sensitive managerial analysis, and the proactive approach to sustainable governance. Despite the growth of scholarship highlighting the significance of law to business strategy, there is far less research focused on the identification of techniques for putting the legal significance concepts generated by such discussions into practice within the organization. As each framework relies on different techniques for emphasizing the importance of legal strategy, there is an absence of common ground for exercising influence, changing behavior, and managing relations between the legal and management spheres within the corporation.
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