Corporate Lawyers and Corporate Governance
Seiten
2011
Cambridge University Press (Verlag)
978-0-521-76255-7 (ISBN)
Cambridge University Press (Verlag)
978-0-521-76255-7 (ISBN)
Joan Loughrey's examination of the corporate governance role of corporate lawyers in the UK offers an analysis of the changing structure of the legal profession from an ethical, legal and regulatory perspective. Developments in the USA, Canada and Australia are also taken into account.
This assessment of the corporate governance role of corporate lawyers in the UK analyses the extent to which lawyers can and should act as gatekeepers, counsellors and reputational intermediaries. Focusing on external and in-house lawyers' roles in both dispersed share-ownership and owner-managed companies, Joan Loughrey highlights the conflicts of interest that are endemic in corporate representation and examines how lawyers should respond when corporate agents provide instructions contrary to the company client's interests. She also considers the legitimacy of 'creative compliance', the ethical arguments for and against lawyers prioritising the public interest over their clients' interests, and their exposure to liability if they fail to perform a corporate governance role. Finally, she considers whether the reforms to the legal profession will promote the lawyer's corporate governance role and advances suggestions for reform.
This assessment of the corporate governance role of corporate lawyers in the UK analyses the extent to which lawyers can and should act as gatekeepers, counsellors and reputational intermediaries. Focusing on external and in-house lawyers' roles in both dispersed share-ownership and owner-managed companies, Joan Loughrey highlights the conflicts of interest that are endemic in corporate representation and examines how lawyers should respond when corporate agents provide instructions contrary to the company client's interests. She also considers the legitimacy of 'creative compliance', the ethical arguments for and against lawyers prioritising the public interest over their clients' interests, and their exposure to liability if they fail to perform a corporate governance role. Finally, she considers whether the reforms to the legal profession will promote the lawyer's corporate governance role and advances suggestions for reform.
Joan Loughrey is currently the Director of the Centre for Business Law and Practice at the School of Law, University of Leeds, where her research interests include corporate law, corporate governance, ethics and the legal profession.
1. Introduction; 2. The international perspective; 3. The roles of the corporate lawyer; 4. Identifying the corporate client; 5. The role of the corporate lawyer in shareholder litigation; 6. The corporate lawyer as director; 7. The regulation of the corporate lawyer; 8. The arguments against reform; 9. Reforming the role of the corporate lawyer; 10. The reform of the legal profession and corporate lawyers; 11. Conclusion.
Erscheint lt. Verlag | 2.6.2011 |
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Reihe/Serie | International Corporate Law and Financial Market Regulation |
Verlagsort | Cambridge |
Sprache | englisch |
Maße | 160 x 235 mm |
Gewicht | 720 g |
Themenwelt | Recht / Steuern ► EU / Internationales Recht |
Recht / Steuern ► Wirtschaftsrecht ► Handelsrecht | |
Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
ISBN-10 | 0-521-76255-3 / 0521762553 |
ISBN-13 | 978-0-521-76255-7 / 9780521762557 |
Zustand | Neuware |
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