|Published Online: November 23, 2015||$US5.00|
Recent trends in law studies curricula and scholarship have embraced a more managerially-focused approach to legal decision-making in a business context. Both management and legal scholars have postulated that legal knowledge should be bridged with managerial knowledge in order to add value to the firm as a source of sustainable competitive advantage. This advantage is particularly acute for multinational firms because they face multiple legal systems and doctrines. This paper examines the existing literature on legal acumen as added value to the firm and source of competitive advantage, builds on its models by adding a multinational perspective, explores the intersections between international law and management, and articulates a legal knowledge management regime for multinational corporations.
|Keywords:||Knowledge Management, Legal Acumen, Multinational Firms, Added Value, Competitive Advantage|
Knowledge Management: An International Journal, Volume 15, Issue 4, December 2015, pp.15-21. Article: Print (Spiral Bound). Published Online: November 23, 2015 (Article: Electronic (PDF File; 408.056KB)).
Associate Professor of Business Law, Department of Business and Economics, Elizabethtown College, Malvern, PA, USA