Dynamic Capabilities and Factors Contributing to Business Continuity in Professional-Service Firms: Evidence from Law Practice in an Emerging Economy

Sylvester Nyamekye; Abdul Hamid  Kwarteng

doi:10.63029/p0y23j20

Authors

Dr. Sylvester Nyamekye, Esq. IPAG Business School, France Author
Dr. Abdul Hamid Kwarteng Nobel International Business University, Accra Ghana Author

DOI:

https://doi.org/10.63029/p0y23j20

Keywords:

Dynamic Capabilities, Business Continuity, Professional Service Firms, Law Firms, Emerging Economy, Organizational Resilience

Abstract

This study investigates how dynamic capabilities sustain the continuity of law firms in an emerging economy. Using an interpretivist, inductive multiple-case design in Ghana, the authors conducted 35 semi-structured interviews with partners and managers, supported by documents and observations, and applied thematic analysis. They identify ten success factors, with four core dynamic capabilities—client relationship management, specialization, strategic planning, and a rational/discipline-oriented culture—working in combination to secure long-term viability. Theoretically, the paper extends dynamic capabilities theory by framing continuity (beyond innovation and short-term performance) as a key outcome in professional partnerships. Practically, it underscores effective financial management and strategic market positioning, and proposes an integrative capability–governance model for future quantitative testing.

Author Biographies

Dr. Sylvester Nyamekye, Esq., IPAG Business School, France

Dr. Sylvester Nyamekye, Esq. is an accomplished Legal Practitioner and business expert with a diverse academic and professional background. He attended Mfantsipim School in Cape Coast and holds a Bachelor of Arts degree in History and Sociology from the Kwame Nkrumah University of Science and Technology, Kumasi‐Ghana, a Bachelor of Laws (LLB) degree from the University of Ghana. He continued his legal education by obtaining a Qualifying Certificate in Law (QCL) from the Ghana School of Law, after which he was called to the Ghana Bar in 2013. Dr. Nyamekye’s pursuit for advanced knowledge led him to earn a Master of Science (MSc) degree in Development Finance from the University of Ghana, a Master of Laws (LLM) in Information Technology Law, and a Doctorate in Business Administration (DBA) from Ipag Business School in France. Additionally, he completed a certificate course in Artificial Intelligence from Harvard Law School in Boston, Massachusetts, USA under the Harvard Law School Executive Education program, and is currently at Harvard Law School, finishing up another course in International Finance, Policy, Regulation, and Transactions. Dr Nyamekye is currently pursuing an LLM in Maritime Law at the University of Ghana. A dedicated member of the legal fraternity, Dr. Nyamekye is affiliated with the Ghana Bar Association (GBA), the International Bar Association (IBA), and the American Bar Association (ABA). As the Founder and Lead Counsel of Nyamekye and Partners, a Law Firm in Accra ‐ Ghana, he brings a wealth of experience in legal practice, having served both inter‐ national and local companies as legal counsel. His expertise spans Corporate Law, Employment and Labour Law, Real Estate Law, Energy and Communications Law, Insurance, Arbitration, Development Finance, and Litigation. He has also held significant roles as a company secretary in both the manufacturing and service industries. Beyond his legal practice, Dr. Nyamekye is deeply committed to community development. He actively mentors over 150+ young individuals in Accra as the Founder of Young Leaders Forum, equipping them with leadership, service and public speaking skills to foster personal and community growth. Dr. Nyamekye is passionate about building connections with individuals from diverse backgrounds worldwide, continually expanding his network to foster professional and personal growth. Dr. Sylvester Nyamekye Esq is a member of Action Chapel International where He is a member of Kingdom Business and Profes‐ sionals Forum. Dr. Sylvester Nyamekye Esq is currently the President of the Alumni Association of NIBS University and was nominated as an Executive Doctor in Residence (EDR) of Nobel International Business (NIBS) University on the 10th March, 2025.
Dr. Abdul Hamid Kwarteng, Nobel International Business University, Accra Ghana

Dr. Abdul Hamid Kwarteng is a Senior Lecturer and vice president at Nobel International Business University, where he teaches and supervises postgraduate research in the areas of management, leadership, and organizational behavior. His research interests include, but are not limited to, leadership dynamics, organizational behavior, democratic governance, women’s empowerment, and public sector management. Dr. Kwarteng’s scholarly work explores the intersection of leadership and institutional effectiveness, with a particular focus on how leadership styles, organizational culture, and ethical governance influence performance and social development in emerging economies. He has published and presented extensively on issues related to digital human resource management, employee behavior, and inclusive leadership practices. Beyond academia, Dr. Kwarteng actively contributes to national and institutional policy development, offering consultancy and advisory services on organizational transformation, leadership capacity‐building, and governance reforms. His academic and professional contributions reflect a deep commitment to advancing evidence‐based leadership and promoting equitable participation in organizational and societal development.

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