International collaboration of law firms: Modes, motives and advantages
Journal
Journal of World Business
Journal Volume
33
Journal Issue
3
Pages
241-262
Date Issued
1998
Author(s)
Abstract
Facing strong global competition and a growing demand for international legal advice in the host and home countries, it is crucial for local law firms to acquire and develop expertise and skills via international collaboration with experienced foreign law firms. This paper addresses the emergence of the global legal service industry and studies the international collaboration between Taiwanese and foreign law firms. A formal collaboration provides Taiwanese law firms with a high efficiency in acquiring strategic asset via know-how transfer, training and expatriate lawyers. Market-seeking law firms, on the other hand, tend to use informal collaboration. Further research is suggested.
Type
journal article