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It’s the business, stupid: bringing strategy tools into the practice of law

    “A lawyer who has not studied economics… is very apt to become a public enemy” Brandeis J.

Law schools do not generally teach anything about business, as opposed to business law. As a result, lawyers learn about business legal forms and contracts, but nothing about the non-legal imperatives of running a business like corporate finance, marketing, or corporate strategy.

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Business opportunities in legal services

Looking for innovation in the delivery of legal services leads naturally to an examination of business of lawyering, as opposed to the practice of law, and there is a large range of potential new business models to be considered.

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Bringing Legal into Strategy Development: A New Blue Ocean?

Bringing legal expertise into business strategy development is the natural conclusion of the process which I have advocated of lawyers to becoming more nuanced and practical business advisors.

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