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Compliance can reset the ethical compass on ‘the way we do things here’

By Manju Manglani, Editor, Managing Partner

23 November 2015

How much do you trust your partners to do the right thing?
And, what does 'the right thing' mean to you, as managing partner? Does it mean doing whatever it takes to increase profits and gain a competitive edge? Does it mean complying with the letter of the law, rather than embracing the spirit of the law? Is your view of 'the right thing' aligned with the views of your partners and is that view embedded within your firm's culture? If your firm does not have a shared set of guiding principles, you can be sure that each of your colleagues will be acting in line with their own priorities.

In some cases, this is a good thing - individuals with strong ethical and moral frameworks will often
go above and beyond the call of duty to protect their firm and clients. But, it is the people who lack such strong foundations who you should be concerned about, particularly if they are team leaders or have political sway within your firm. They are...

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