Monday, July 26, 2010

Advancing Innovation and Ronald Coase

Bruce MacEwen at Adam Smith, Esq. provides a unique perspective on the changes happening in the broader legal profession as a result of “low cost rivals” due to ~onshore and offshore legal outsourcing.

MacEwen ties together some interesting themes including low cost rivals, stages of innovation and The Nature of the Firm as they all relate to legal outsourcing. MacEwen also scores big points with me by citing my favorite economist, Ronald Coase.

As one of the named vendors in the post, Ron Friedmann of Integreon provides further commentary on MacEwen’s post, Both are worth a read. Friedmann says pushing work down the value chain as the true paterfamilias of the LPO industry.

MacEwen's Innovators at the Barricades post is available here.