Lawyer Independence under the Spotlight in Australia
Suzanne Le Mire (2018) Lawyer Independence under the Spotlight In Australia, Legal Ethics, 21:1, 93-95, DOI: 10.1080/1460728x.2018.1509042
Posted: 3 Jul 2019
Date Written: 2018
Over the past few months Australia has been transfixed as the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry holds its public hearings.1 Revelations about financial advice for dead people, exploitative lending and lying by advisors and institutions alike have provided plenty of fodder for water cooler conversations. One issue, amongst the myriad that has emerged, has focussed on the ethical duties of lawyers: a financial institution used an ‘independent’ report from a law firm to reassure the regulator about their activities, despite the fact that there were real questions about whether the report was, in fact, independent.
Keywords: Lawyer Independence
JEL Classification: K10
Suggested Citation: Suggested Citation