Business

Business doesn’t like law, law doesn’t like business

It’s true much of the time. Think about it. Ask a business person a legal question and here’s what you’ll hear, “that sounds like something the lawyer should deal with. I don’t have time to think about such small details. I’m a big picture person.”

The lawyer is just the opposite. She responds, “the details can make or break the whole deal. But business, that is just nonsense. It’s just guesswork and unpredictable.”

Because the business person does not like law, that person will inevitably fail to consider all the risks, or think about what’s possible with a little more time, planning and leverage. Especially with game-changing ideas that require more attention.

Because the lawyers don’t like business, that person holds back, relies on a rigid roadmap, follows the existing path and may never understand how big an idea might be if they just embrace ambiguity.

You see these personalities play out all the time in business school and in law school.

On the other hand, what if a person could do both: combine the detail orientation and ability to see risks with the ability to understanding the market, hedge on the good risks and scale their idea.

Just a thought.

Tags: , ,

Tuesday, August 14th, 2012 Business School No Comments

Join the conversation

Join the conversation

#AskJeremy

JCW

Jeremy C Wilson is a JD-MBA alumni using his site to share information on education, the social enterprise revolution, entrepreneurship, and doing things differently. Feel free to send along questions or comments as you read.

#EducationMatters

Share your education story

Share your education story

Thank you Chicago for the nomination

Thank you Chicago for the nomination

Apply to Join MLT

Apply to Join MLT

Apply to Join NLC

Apply to Join NLC

Learn about the JD-MBA program

Learn about the JD-MBA program

Please Vote

Register To Vote

Twitter Feed

Disclaimer

The contents of this blog are mine personally and do not reflect the views or position of Kellogg, Northwestern Law, the JD-MBA program, or any firm that I work for. I only offer my own perspective on all issues.
August 2019
S M T W T F S
« Jun    
 123
45678910
11121314151617
18192021222324
25262728293031
Get Adobe Flash player