Managing The Law The Legal Aspects Of Doing Business 6th Review

The 6th edition organizes material around core functional areas where legal concerns routinely arise in business. Typical chapters and themes include:

  • Contracts and Commercial Transactions

  • Business Organizations and Governance

  • Employment Law and Labor Relations

  • Intellectual Property and Technology

  • Regulatory Compliance and Risk Management

  • Sales, Secured Transactions, and Bankruptcy

  • International Business Law

  • Ethical and Strategic Considerations

  • Chapter 1 Key Concept: The Legal Risk Management Plan The 6th edition emphasizes a 5-step process for managers:

    Real-world application: Instead of asking "Is this illegal?", ask "How could this go wrong legally, and how do we prevent it?"


    The book consistently asks: Given this legal rule, what should a manager do? It reframes the law as a constraint, but also as a strategic asset. For example, a chapter on tort law doesn't just define negligence; it walks a manager through how to implement a "culture of safety" to reduce product liability exposure.

    Tort law (civil wrongs) used to be about slip-and-fall cases. Today, it is about cyber-liability. The 6th edition dedicates significant space to the tort of negligence in an IT context. Managing The Law The Legal Aspects Of Doing Business 6th

    Key takeaway: A business can be negligent (and liable for damages) if it fails to secure customer data, even without a contract. The 6th edition provides checklists for "reasonable care" in cybersecurity—a defense against negligence claims. It teaches managers how to conduct a risk audit of their IT infrastructure to satisfy the legal standard of care.

    Many organizations use the 6th edition as a reference manual for training non-legal staff. Marketing teams can review chapters on advertising law and intellectual property. Sales teams can review chapters on contract formation and anti-bribery laws (FCPA).

    Do not read this book like a novel. Instead, use the "Problem-Solving" approach suggested by the authors. When facing a business decision (e.g., firing a salesperson, signing a SaaS vendor), open the relevant chapter and ask: What are the three legal risks here? The end-of-chapter scenarios are designed to train this "spotting" reflex.