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Wednesday, April 26, 2023

Management Evolution: The Rise Of Attorneys In The C-Suite

Garry Jenkins (Dean, Minnesota; Google Scholar) & Jon J. Lee (Oklahoma), Management Evolution: The Rise of Attorneys within the C-Suite, 96 Tul. L. Rev. 695 (2022):

Tulane Law ReviewThe standard desirous about the trail to the highest company government management posts, reaching the so-called C-suite, is that it begins with incomes an MBA diploma. In contrast, the JD diploma is regarded as one which prepares graduates for the observe of legislation, for presidency service, or for public curiosity advocacy. Since legal professionals have traditionally been educated to guard purchasers from threat, legislation just isn’t related to senior enterprise management. But, an evolving and accelerating pattern is rising: extra legal professionals are reaching or crossing over to change into a part of high company administration groups. We current findings from our empirical research on company management profiles that paperwork an increase within the standing of and alternatives for company lawyer-leaders and tracks main shifts in legal professionals holding senior government posts over time, thereby difficult the standard knowledge on company expertise administration.

This Article takes the brand new legislation and management discourse into quantitative empirical analysis, and it challenges the normal conception of the MBA diploma as holding the important thing to a nook workplace. By inspecting the altering composition within the C-suites of Fortune 50 firms during the last thirty years, this Article paperwork the dramatic shift within the proportion of legal professionals holding these strongest company management posts. It then addresses the implications of those findings for individuals who aspire to company America’s highest heights, for the firms in search of to develop new management expertise, and for legislation faculties inspiring and coaching a brand new technology of lawyer-leaders.

https://taxprof.typepad.com/taxprof_blog/2023/04/leadership-evolution-the-rise-of-lawyers-in-the-c-suite.html

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