With technologies changing so rapidly today, being competitive in the market often requires corporations to form alliances and new types of relationships. One of these relationships is a Virtual Enterprise, which are similar to joint ventures and strategic alliances but are less formal, short lived, and highly flexible. Virtual Enterprises are especially useful when developing or producing computer products, biotechnology, telecommunications, industrial equipment, and consumer electronics. The characteristics of a Virtual Enterprise along with the special problems attorneys face in supporting their development, maintenance, and termination are analyzed in this thesis. Due to the informal and fast change nature of Virtual Enterprises, attorneys must learn to supply unconventional and flexible legal services; however, they must not forget the importance of the formation of contracts to support the enterprise and protect the partners.
Werner, Jan Gerhard, "Legal Implications of the Virtual Enterprise" (1993). LLM Theses and Essays. Paper 143.