CIEL is the world’s leading conference on Legal Strategy. The CIEL 2019 biennial conference is structured around contracts. Contracting is in a state of flux. New and emerging technologies promise to change the way that economic agents negotiate, undertake and execute contracts. Findings from Behavioral Economics have provided new insights on how heuristics, biases and the contractual choice architecture affect decision making. This emerging landscape implies the need to rethink how legal strategists and business decision makers must upskill to face current challenges and opportunities.
Renowned experts, academics, practitioners and thought leaders are invited to discuss how contracts can be used to attain business objectives. A multifaceted approach will guide the discussion, focused on the following dimensions:
|1. CONSTANCE BAGLEY||“Winning Legally: The Value of Legal Astuteness”||Professor Bagley's presentation focused on how legally astute managers can work with strategically astute lawyers to enhance realizable value, manage risk, and marshal, deploy, and redeploy resources. As discussed in her chapter in The Oxford Handbook on Dynamic Capabilities (David Teece, ed., 2016), which is posted on her site winninglegally.com, , legal astuteness is a valuable managerial dynamic capability. During the conference, Professor Bagley also presented her systems approach to law, business and strategy and provided multiple examples of how legally astute top management teams can craft the value proposition and the activities in the value chain in a dynamic system that includes the competitive environment (analyzed using Peter's Five Forces), firm resources, public law, and the societal context.|
|2. DANIEL OSTAS||“The Ethics of Legal Strategy”||Professor Ostas' presentation focused on the ethics of corporate legal strategy. His discussion is rooted in the ethical obligation to obey law, empirical evidence on legal obedience, ABA Model Rules of Professional Conduct, and scholarly literature addressing the need for selfrestraint among business actors. Professor Ostas has written widely on these and other related topics. Ostas' vita, including a list of published works, is available at http://www.ou.edu/price/marketing_supplychainmanagement/people/daniel_ostas.html|
|3. DAVID OROZCO||“Corporate Legal Strategy: At the Frontier of Research and Practice”||Orozco, David, 2017. “Corporate Legal Strategy: At the Frontier of Research and Practice.” Presentation Material, First International Conference on Legal Strategy – Instituto OMG.|
|4. CLAUDIA LANDEO||“Law, Economics, and Organization”||Landeo, C.M., 2017. “Law, Economics, and Organization: Recent Developments.” Presentation Material, First International Conference on Legal Strategy – Instituto OMG.|