Book contents
- Legal Knowledge in Organizations
- Legal Knowledge in Organizations
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Foreword
- Preface
- Acknowledgments
- 1 Introduction
- 2 Legal Knowledge in Organizations
- 3 Factors That Influence Legal Knowledge Acquisition
- 4 Legal Knowledge in Competitive Environments
- 5 Legal Knowledge in Competitive Environments
- 6 Applications of Legal Knowledge
- 7 Strategic Legal Risk Management
- 8 Strategic Legal Risk Management
- 9 Leveraging Contractual Knowledge to Create and Preserve Value
- 10 Building an Ethical Culture of Legal Knowledge
- Index
3 - Factors That Influence Legal Knowledge Acquisition
Published online by Cambridge University Press: 15 March 2025
- Legal Knowledge in Organizations
- Legal Knowledge in Organizations
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Foreword
- Preface
- Acknowledgments
- 1 Introduction
- 2 Legal Knowledge in Organizations
- 3 Factors That Influence Legal Knowledge Acquisition
- 4 Legal Knowledge in Competitive Environments
- 5 Legal Knowledge in Competitive Environments
- 6 Applications of Legal Knowledge
- 7 Strategic Legal Risk Management
- 8 Strategic Legal Risk Management
- 9 Leveraging Contractual Knowledge to Create and Preserve Value
- 10 Building an Ethical Culture of Legal Knowledge
- Index
Summary
If legal knowledge can generate a sustainable competitive advantage in organizations, then what characteristics of managers and firms best cultivate that knowledge? Given that few managers currently perceive law as a strategic tool, development of a strategy is likely to offer firms an advantage that rivals will be slow to replicate. This chapter highlights two categories of variables. First, the attitudinal perception of managers influences the utilization of legal knowledge through their perceived legitimacy of legal rules, self-efficacy toward legal processes, organizational citizenship, and views of legal experts and the legal process. Second, the attributive characteristics of an organization, such as the presence of a lawyer-CEO, role of legal experts, structure of legal staffing, and regulatory intensity of the legal environment, influence how legal knowledge is deployed. This part concludes that both attitudinal and attributive variables can encourage the acquisition of legal knowledge, which can in turn proliferate the use of legal knowledge as a valuable strategic resource.
Keywords
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- Information
- Legal Knowledge in OrganizationsA Source of Strategic and Competitive Advantage, pp. 33 - 56Publisher: Cambridge University PressPrint publication year: 2025