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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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MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
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Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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