Buyer Power is Here to Stay

May 19, 2015 | Published by Big Law Business
In a recent post, I noted that a Harvard Business Review article published in 1979 has gained relevancy for the legal industry as a way to evaluate competitive forces and their impact on profitability.

Economist Michael Porter, whose ideas were incorporated in a more recent, 2008 article, “Five Forces That Shape Industry Competition,” lays out five factors that influence competitive pressures thrust upon corporations.

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