Partner fraud scandals exception not rule
Partners remain bullish regarding the ethics and governance standards at major commercial law firms despite several high-profile investigations involving alleged financial wrong-doing. The latest Legal Week Big Question survey found that 56% of respondents think the quality of financial monitoring and governance frameworks at major law firms is ‘good’ or ‘excellent’. A further 25% believe such standards are ‘OK’, while 18% said they are either ‘poor’ or ‘could be better’.
Despite high-profile allegations of financial wrong-doing coming to light in recent weeks, over half of partners believe firms’ financial controls and governance frameworks are working effectively. Simon Petersen reports
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651