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The International Diversification of Professional Service Firms: The Case of U.S. Law Firms

Gaughan, Patrick H
http://rave.ohiolink.edu/etdc/view?acc_num=csu1431259487

Abstract Details

2015, Doctor of Business Administration, Cleveland State University, Monte Ahuja College of Business.
The globalization of markets has necessitated increased demands on law firms to serve the international needs of their clients. However, it is unclear how law firms have met these needs. Although the internationalization process of U.S. law firms has been the subject of some limited academic discussion, the overwhelming focus has been on only the largest law firms. There is a noticeable absence of empirical analysis that defines, let alone includes, the broader population of U.S. law firms who maintain international operations. Moreover, the existing literature has not proposed any parsimonious international diversification models that are easily applied to the entire population of U.S. law firms. This includes consideration of Reputational Capital as a firm resource impacting law firm internationalization. This dissertation helps fill the gap. The descriptive statistics are based upon a census of internationally diversified U.S. law firms at four points in time. Additionally, the quantitative research is based upon a panel study consisting of virtually all U.S. law firms that maintained at least one attorney outside the U.S. across all of the years 1998, 2003, 2008 and 2013. This ultimately resulted in a panel study consisting of four observations on each of fifty-five (55) U.S. law firms (for a total of 220 observations). The results revealed that, as related to International Diversification, the interaction of Human Capital and Reputational Capital was negative and statistically significant. This suggests that U.S. law firm internationalization may be different than has been assumed in the previous literature.
Rajshekhar Javalgi , PhD (Committee Chair)
Ashutosh Dixit, PhD (Committee Member)
Amit Ghosh, PhD (Committee Member)
Mark Sundahl, PhD (Committee Member)
Business Administration
Internationalization; International diversification; Professional services; Law firms; Law firm; Rubric; Descriptive; Statistics; Human capital; Reputational capital; Leverage; Diversification

Recommended Citations

Citations

  • Gaughan, P. H. (2015). The International Diversification of Professional Service Firms: The Case of U.S. Law Firms [Doctoral dissertation, Cleveland State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=csu1431259487

    APA Style (7th edition)

  • Gaughan, Patrick. The International Diversification of Professional Service Firms: The Case of U.S. Law Firms . 2015. Cleveland State University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=csu1431259487.

    MLA Style (8th edition)

  • Gaughan, Patrick. "The International Diversification of Professional Service Firms: The Case of U.S. Law Firms ." Doctoral dissertation, Cleveland State University, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=csu1431259487

    Chicago Manual of Style (17th edition)

csu1431259487
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This open access ETD is published by Cleveland State University and OhioLINK.