Globalization of Law Firms: A Survey of the Literature and a Research Agenda for Further Study

26 Pages Posted: 31 Mar 2007  

D. Daniel Sokol

University of Florida - Levin College of Law; George Washington University Law School Competition Law Center

Abstract

The international expansion of law firms plays a critical role in understanding the business of law and the nature of globalization. This article responds to two articles on law firm expansion in the Indiana University - Bloomington Law School symposium on the Globalization of the Legal Profession. The article utilizes management studies' theoretical work on internationalization and applies it to law firm expansion to explain law firm strategic decision-making. The author creates a six part taxonomy for types of law firm expansion and provides a snapshot of the increasing U.S./U.K. dominance of capital markets, corporate and mergers and acquisitions legal work around the world. Finally, the article proposes an interdisciplinary research agenda that incorporates law, economics, sociology, economic geography, and management studies to better understand law firm expansion.

Keywords: law firms, globalization, firm expansion, law and economics, law and society, firm organization

JEL Classification: F23, K20, L21, M10

Suggested Citation

Sokol, D. Daniel, Globalization of Law Firms: A Survey of the Literature and a Research Agenda for Further Study. Indiana Journal of Global Legal Studies, Vol. 14, No. 5, 2007; Univ. of Wisconsin Legal Studies Research Paper No. 1038. Available at SSRN: https://ssrn.com/abstract=975784 or http://dx.doi.org/10.2139/ssrn.975784

D. Daniel Sokol (Contact Author)

University of Florida - Levin College of Law ( email )

Spessard L. Holland Law Center
P.O. Box 117625
Gainesville, FL 32611-7625
United States
(352) 273-0968 (Phone)
(352) 392-3005 (Fax)

HOME PAGE: http://www.law.ufl.edu/faculty/d-daniel-sokol

George Washington University Law School Competition Law Center ( email )

200 H Street, NW
Washington, DC 20052
United States

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