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1 - Introduction

Published online by Cambridge University Press:  15 March 2025

Robert C. Bird
Affiliation:
University of Connecticut
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Summary

Is legal knowledge valuable? For businesspeople, legal knowledge has been an essential part of their craft for a very long time. The earliest known contract was written on a cuneiform tablet in 2750 BCE, where a farmer drafted into the military of King Sargon I contracted with another farm to grow and secure his crops in his absence in exchange for half of the grown produce. Contracts involving sales and purchases, rentals, labor contracts, co-partnerships and other agreements were used as early as 2000 BCE. Centuries later, the Roman Empire had formally trained legal experts who advised on legacies, guardianships, and contracts. In the modern era, prominent seventeenth-century merchant Gerard de Malynes noted that a businessperson was not a “compleat merchaunt” without knowledge of commercial law. Legal knowledge was so important to Joseph Wharton that, when he established the first collegiate school of business at the University of Pennsylvania in 1881, business law was one of five subjects he specified for the curriculum for what is today one of the most respected business schools in the world.

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Legal Knowledge in Organizations
A Source of Strategic and Competitive Advantage
, pp. 1 - 6
Publisher: Cambridge University Press
Print publication year: 2025

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  • Introduction
  • Robert C. Bird, University of Connecticut
  • Book: Legal Knowledge in Organizations
  • Online publication: 15 March 2025
  • Chapter DOI: https://doi.org/10.1017/9781009596664.003
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  • Introduction
  • Robert C. Bird, University of Connecticut
  • Book: Legal Knowledge in Organizations
  • Online publication: 15 March 2025
  • Chapter DOI: https://doi.org/10.1017/9781009596664.003
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Robert C. Bird, University of Connecticut
  • Book: Legal Knowledge in Organizations
  • Online publication: 15 March 2025
  • Chapter DOI: https://doi.org/10.1017/9781009596664.003
Available formats
×