In: Accounting
5: Understanding of legal and ethical professional responsibilities and standards (max. 300 words?
legal and ethical professional responsibilities and standards
Among members of the legal profession and judiciary throughout the world, there is a genuine concern with establishing and maintaining high ethical standards. It is not difficult to understand why this should be so. Nor is it difficult to see that professional standards are not completely divorced from ordinary morality. Indeed, legal ethics and professional responsibility are more than a set of rules of good conduct; they are also a commitment to honesty, integrity, and service in the practice of law. In order to ensure that the standards established are the right ones, it is necessary first of all to examine important philosophical and policy issues, such as the need to reconsider the boundaries between, on the one hand, a lawyer's obligation to a client and, on the other, the public interest. It is also to be appreciated that conflicts of interest are pervasive and that all too often they are so common that they are not recognised as such. Yet rarely is public policy clearly cut.