Estimating Efficiency In The Foreign Operations Of The USA Legal Services Industry

Nouvelle Revue Synergies Canada

View Publication Info
 
 
Field Value
 
Title Estimating Efficiency In The Foreign Operations Of The USA Legal Services Industry
 
Creator Ramcharran, Harri
 
Subject

 
Description This study analyzes the efficiency, resulting from overseas expansion, of the USA legal services industry. Expansion of trade in services has resulted in an increasing number of: (i) lawyers employed abroad, and (ii) countries with foreign offices. The results, derived from a production function methodology with cross-sectional data on large law firms, indicate that: (i) the number of lawyers employed abroad is optimal in terms of generating positive contribution to the production of legal services, and (ii) the foreign countries targeted by law firms for operations also yield positive contribution to revenue. In response to globalization and competition, the industry, using the FDI mode of entry, has exploited location advantage abroad in allocating lawyers and offices efficiently to benefit from the global integration of the industry.
 
Publisher The Clute Institute
 
Contributor
 
Date 2011-02-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.cluteinstitute.com/ojs/index.php/IBER/article/view/3681
10.19030/iber.v3i4.3681
 
Source International Business & Economics Research Journal (IBER); Vol 3, No 4 (2004)
2157-9393
1535-0754
 
Language eng
 
Relation https://www.cluteinstitute.com/ojs/index.php/IBER/article/view/3681/3725
 

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