Abstract
This study explores how social structures shape interactions between organizations and influence the performance of focal organizations. Building on embeddedness arguments, we propose that a focal law firm''s embedded relationships with its clients provide unique resource by prompting private information flows that it leverages in competing for talent. We test our arguments with longitudinal dataset on the lateral partner hires between 2000 and 2007. Evidence suggests that law firms'' embedded client ties help law firms to identify and assess high quality partners and thus, hire them. This study highlights the importance of private resources that law firms derive from their embeddedness in law firm-client network.
Original language | English (US) |
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State | Published - 2010 |
Event | 70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010 - Montreal, QC, Canada Duration: Aug 6 2010 → Aug 10 2010 |
Other
Other | 70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010 |
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Country/Territory | Canada |
City | Montreal, QC |
Period | 8/6/10 → 8/10/10 |
Keywords
- Embeddedness
- Interorganizational relations
- Personnel flows
ASJC Scopus subject areas
- Management of Technology and Innovation
- Industrial relations