Strategic Contracting: Contract Law as a Source of Competitive Advantage

摘要

Too often managers and executives view lawyers and the law as necessary evils-obtrusive and costly ones at that. The sophisticated businessperson sees the lawyer and her command of the law as a source of strategic advantage. She is incorporated as an important player in the management team whose advice is solicited throughout the process of business decision making. This article surveyed one component of law-the law of contracts-as a source of competitive advantage.