| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12583 |
| 来源ID | Working Paper 12583 |
| When Knowledge is an Asset: Explaining the Organizational Structure of Large Law Firms | |
| James B. Rebitzer; Lowell J. Taylor | |
| 发表日期 | 2006-10-13 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | We study the economics of employment relationships through theoretical and empirical analysis of an unusual set of firms, large law firms. Our point of departure is the "property rights" approach that emphasizes the centrality of ownership's legal rights to control important, non-human assets of the enterprise. From this perspective, large law firms are an interesting and potentially important object of study because the most valuable assets of these firms take the form of knowledge - particularly knowledge of the needs and interests of clients. We argue that the two most distinctive organizational features of large law firms, the use of "up or out" promotion contests and the practice of having winners become residual claimants in the firm, emerge naturally in this setting. In addition to explaining otherwise anomalous features of the up-or-out partnership system, this paper suggests a general framework for analyzing organizations where assets reside in the brains of employees. |
| 主题 | Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel |
| URL | https://www.nber.org/papers/w12583 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570244 |
| 推荐引用方式 GB/T 7714 | James B. Rebitzer,Lowell J. Taylor. When Knowledge is an Asset: Explaining the Organizational Structure of Large Law Firms. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w12583.pdf（176KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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