From law firm to stock exchange listed law practice: an examination of institutional and regulatory reform

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6 Citations (Scopus)

Abstract

This article examines the institutional reforms that, among other things, brought about the listing of two law practices on the Australian Stock Exchange. Using the framework for institutional change developed by Greenwood, Suddaby and Hinings, the article examines socio-economic changes that led to government regulatory reform. It examines the conflicting norms found in traditional professional practice with the institutions of corporate law and the stock exchange. After a thorough examination of the reforms and the two distinctive listed law practices, it then evaluates the reforms in terms of the profession, the administration of justice and economics.
Original languageEnglish
Pages (from-to)3-32
Number of pages30
JournalInternational Journal of the Legal Profession
Volume20
Issue number1
DOIs
Publication statusPublished - 2013
Externally publishedYes

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stock exchange
firm
reform
examination
Law
administration of justice
corporate law
institutional change
economic change
profession
economics
Institutional reform
Stock exchange
Law firms
Regulatory reform
Corporate law
Professional practice
Institutional change
Justice
Australian Stock Exchange

Cite this

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abstract = "This article examines the institutional reforms that, among other things, brought about the listing of two law practices on the Australian Stock Exchange. Using the framework for institutional change developed by Greenwood, Suddaby and Hinings, the article examines socio-economic changes that led to government regulatory reform. It examines the conflicting norms found in traditional professional practice with the institutions of corporate law and the stock exchange. After a thorough examination of the reforms and the two distinctive listed law practices, it then evaluates the reforms in terms of the profession, the administration of justice and economics.",
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