PLMJ recently became the second Portuguese firm to open in London – rival Lisbon firms say a presence in the city may “boost competitiveness” but there are concerns about the risks involved
News Income of most partners in Spain increased in last year Indications that the good times are back as two-thirds of partners say their income level is higher than it was before the economic crisis.
As the need for effective compliance programmes increases, lawyers report that clients are taking a more proactive approach to the issue – however, many are still a long way from incorporating compliance into the culture of
The controversy that surrounds the role of compliance officers means that there is a trend for companies to create compliance committees, according to Baker & McKenzie partner Cecilia Pastor.
External law firms are considered more impartial and are therefore more comfortable conducting compliance audits than in-house counsel
Compliance should be a central component of any organisations´ business strategy, according to CMS Albiñana & Suárez de Lezo partner Patricia Liñán, who warns that proper internal processes are as much about
Clients now realise that good compliance facilitates, rather than obstructs, the development of businesses while also limiting reputational risks
External legal advisers add considerable value to clients in relation to compliance matters as they are able to share information about best practice followed by other businesses, according to Pbbr partner Alexandre Jardim.
With few judgments having been passed in relation to corporate compliance, there is considerable doubt about how courts will deal with offences
