This article elaborates on links between managerial problems and legal methods of problem solving to develop a new perspective on the study and teaching of business and law that would be of practical value to both managers and lawyers. In general, professional managers' exposure to law, both in their business law training and their practical experience, conditions them to treat law as a wholly compartmentalized and often arcane aspect of business life. This article points out that the law—the organization, maintenance, and management of the legal system—can be treated as a business. The relationship between the legal discipline and business problems can be better understood by an examination of the appropriate analogies between the "business of law" and the everyday business problems encountered in production, finance, human resource management, and so forth. The article then describes the kinds of rule handling that lawyers must engage in when grappling with these analogous problems in the business of law.
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