Taking a Schumpeterian perspective on the dynamic between law departments and outside firms, University of Oxford Saïd Business School professor Mari Sako probes the disruptive forces at play in a business model that is ‘a-changing in her latest study, “General Counsel with Power?” [PDF]
Sako, an economist and management theorist, considers two major shifting currents: that general counsel now have greater power in relation to outside counsel in this buyer’s market, and that non-traditional legal-service providers are upending traditional business mores.
