Profit, delusion and how Big Law became obsessed with the wrong things

K&L’s Tony Griffiths says the father of business theory has lessons Big Law would do well to learn

Many centuries ago while studying law as an undergraduate, a particularly inspiring corporate law lecturer suggested that I might want to read a book on management theory, as well as immersing myself in case law and precedent. I still have no idea why he suggested it and I believe I was the only one in the company law class who took him up on it.