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Do the right thing

21 October 2016 / Dr Tony Harvey
Issue: 7719 / Categories: Features , Profession , Commercial
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Post Panama Papers & pre-Brexit: how can we encourage corporate lawyers to behave with integrity, asks Dr Tony Harvey

  • A preventative culture of ethical articulation, education and real world support, which values and rewards integrity and makes good behaviour axiomatic for legal professionalism, should be encouraged.

This year has been lived against the backdrop of seemingly never ending scandals in business and professional services. The year opened with more details emerging of FIFA officials taking kick-backs for votes and further controversy about multi-nationals avoiding taxes through clever corporate arrangements. Easter saw the raid on the offices of Mossak Fonseca following the outrage arising from the Panama Papers. Calls to “do the right thing” have never been louder. In the summer, on 8 June, the European Parliament agreed to set up a Panama Papers Inquiry Committee only to be faced, 15 days later, by the UK Brexit vote. Three days after that the UK Commissioner for Financial Stability and Financial Services, Lord Hill, resigned.

In such a squally climate what can

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NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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