In this article, we combine two sources of data to shed light on the nature of transactional legal work. The first consists of stories about contracts that circulate widely among elite transactional lawyers. Surprisingly, the stories portray lawyers as ineffective market actors who are...

Abstract: Purpose – The purpose of this paper is to present and discuss thefindings of research into the value perception of knowledge management amonglawyers and staff from among the top ten global law firms. Design/methodology/approach – Interviews were conducted with lawyers as well as...

Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...

Trade liberalization in Latin America has substantially altered business opportunities andeconomic development in the region. As barriers to competing inputs have come down andforeign investment in the region has gone up, small, domestic firms have struggled to stayafloat. Many small businesses...

This study investigates the interaction between corruption and foreign direct investment inflows in 23 emerging market economies during the period 2002-2014 by employing Westerlund-Durbin-Hausman (2008) cointegration test. We found that control of corruption and rule of law had no statistically...