scholarly journals Legal Technologies in Action: The Future of the Legal Market in Light of Disruptive Innovations

2019 ◽  
Vol 11 (4) ◽  
pp. 1015 ◽  
Author(s):  
Qian Hongdao ◽  
Sughra Bibi ◽  
Asif Khan ◽  
Lorenzo Ardito ◽  
Muhammad Khaskheli
Keyword(s):  
Business Models ◽  
Cost Benefit Analysis ◽  
Qualitative Content Analysis ◽  
Essential Element ◽  
Cost Benefit ◽  
Working Environment ◽  
Legal Services ◽  
Benefit Analysis ◽  
Disruptive Technologies ◽  
Legal Market

Legal technologies (digital solutions to providing legal services) have turned into the essential element of competition among legal-market stakeholders. This study highlights the competitive superiority of legal services based on the concept of innovative disruptive technologies in comparison to traditional firms. For this purpose, the present study identified several trends in the evolution of the legal tech market (i.e., changing landscapes of legal business, delivery models, legal-market segments, and disruptive technologies); moreover, qualitative content analysis has been conducted to provide sound grounds for cost-benefit analysis. Furthermore, cost-benefit analysis makes a comparison of the monetary, social and psychological costs, benefits of legal technologies and traditional firms from clients’ and lawyers’ viewpoints. This has been, in fact, neglected by extant research. Based on these analyses, a new model for legal business has developed to highlight how potential advancements can take place in legal practices. Our findings reveal that legal technologies make legal services more affordable and easily accessible, while helping lawyers to develop innovative solutions and a relaxed working environment. In addition, this study contributes to the literature on service innovation with a focus on how new services and business models have been developed in the legal market as a result of digital technologies. Eventually, this study adds theoretical and practical implications to the research discussing the advent of legal technologies.

Implementation of E-Government and Reforms in Public Administrations in Crisis Periods

2015 ◽  
Vol 2 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Laura Alcaide Muñoz ◽  
Raquel Garde Sánchez
Keyword(s):  
Cost Benefit Analysis ◽  
Essential Element ◽  
Cost Benefit ◽  
Sustainable Growth ◽  
Benefit Analysis ◽  
Drastic Reduction ◽  
Academic Literature ◽  
Public Managers ◽  
Current Economic Crisis ◽  
Efficiency And Effectiveness

The importance of e-Government in the reform of public administrations has made it an essential element on political agendas and an important question to be addressed in the current economic crisis that we are witnessing. The consequent drastic reduction in public revenue has made e-Government a key element in the promotion of renewed and sustainable growth with the aim of increasing efficiency and effectiveness in the management of procedures and boosting service provision. In this respect, the considerable amount of research that currently exists in academic literature requires a comprehensive review that allows for improvement in this field of knowledge, offering a broad vision of the current situation and the research possibilities for the future. The authors believe that their findings will allow public managers to be more aware of the need for a cost-benefit analysis of the new technological initiatives proposed.

The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko
Keyword(s):  
Net Present Value ◽  
Olympic Games ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Investment Efficiency ◽  
Benefit Analysis ◽  
Step Method ◽  
Investment Projects ◽  
The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

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