The Wharton Business School of the University of Pennsylvania has recently published a very interesting article "Family Firms in the Middle East: The New Rules of Engagement."
A significant number of Walker Clark clients are "family" law firms in emerging legal markets. We have observed how the strategic management of such a law firm sometimes requires a thoughtful balance between:
The Wharton article points out several important changes that family businesses in the Middle East are now undertaking.
These changes are similar to those that Walker Clark, LLC, has helped family law firms to introduce and manage in emerging legal markets in Africa, the Middle East, and Latin America. If you practice in a family law firm, the Wharton article could be quick, but interesting and potentially valuable, reading for you and your colleagues.
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