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041 _afre
042 _adc
100 1 0 _aPapillon, Benoit Mario
_eauthor
245 0 0 _aLegal services to firms and value creation according to Gilson
260 _c2018.
500 _a83
520 _aLegal professionals question the value of their work on a recurring basis. A well-known piece of research on the value of business lawyers’ services to firms is Ronald Gilson’s study, published in 1984 in the Yale Law Journal. Gilson’s study focuses on business acquisitions and presents a transaction cost analysis of value creation by lawyers for these transactions. As for some economic studies analyzing law, as well as Ronald Coase’s analysis of the nature of the firm, there is a hypothesis regarding the determination of prices. The contribution of lawyers, as conjectured by the analysis, is partly derived from this hypothesis. After a synthesis of the main elements of Gilson’s study, the paper presents its foundations and limitations.
690 _alawyers’ services
690 _atransaction
690 _afirm
690 _avalue creation
786 0 _nRevue internationale de droit économique | XXXI | 4 | 2018-04-23 | p. 111-125 | 1010-8831
856 4 1 _uhttps://shs.cairn.info/journal-revue-internationale-de-droit-economique-2017-4-page-111?lang=en&redirect-ssocas=7080
999 _c566135
_d566135