Conflicts of interest - a general counsel dilemma
Conflicts management at the City's leading law firms has been severely questioned over recent months. But the Law Society guidelines are in need of revision, argues Tony Williams and until new ones are introduced it may be down to general counsel to police the firms
In recent months adverse comments have been made as to the way in which larger law firms deal with potential conflicts of interest. It has even been suggested that firms disregard conflicts rules or behave in a cavalier fashion. But to truly understand the situation, it is necessary to examine what the rules are designed to prevent and whether they take into account the modern realities of business.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
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