Beyond compliance: 5 key considerations to achieving a genuinely compliant culture

Beyond compliance: 5 key considerations to achieving a genuinely compliant culture

GCForum2016Compliance. If the word doesn’t set your heart racing, the consequences of getting it wrong certainly will, as the attendees of this year’s Legal Leaders General Counsel (GC) Forum were inclined to agree.

The conference, brought in partnership with LexisNexis, saw around 50 senior legal counsel come together to consider issues including what the GC’s role is or ought to be in delivering and maintaining a compliant business; how to achieve buy-in across an organisation; and the perennial challenge of stakeholder management.

These themes will be looked at in some detail in a series of blogs over the coming weeks but here are the headline takeaways from what turned out to be a day and a half of truly fascinating and insightful discussions.

A decision making framework is a must

While compliance may look different across diverse businesses and sectors, a good decision making process and framework is non-negotiable.

Peter Neville Lewis, founder of Principled Consulting and one of a four-strong panel considering what ethical compliance means in practice, said: “At the core of getting things right is good decision making. You must ask what decision making framework you have in place in your business. I have never heard a completely satisfactory answer. People can’t articulate how they make decisions.”

Agreeing with him was fellow panel member Iain Larkins, a director at Radius Law who was previously general counsel and chief compliance officer at Mercedes Benz, who added: “A few years

Subscription Form

Related Articles:
Latest Articles:

Already a subscriber? Login
RELX (UK) Limited, trading as LexisNexis, and our LexisNexis Legal & Professional group companies will contact you to confirm your email address. You can manage your communication preferences via our Preference Centre. You can learn more about how we handle your personal data and your rights by reviewing our  Privacy Policy.

Access this article and thousands of others like it free by subscribing to our blog.

Read full article

Already a subscriber? Login

About the author:

Sophie is Head of Learning & Development at F-LEX Legal - an award winning legal tech startup helping law firms and organisations manage a flexible work force and supporting lawyers to make smarter life/work choices. 

As part of her portfolio career Sophie runs various learning and development and networking forums for in-house lawyers and mentors junior lawyers.  These include Flying Solo for small and solo legal teams and Aspire for junior in-house lawyers which she runs for LexisNexis UK.  She also works with schools and organisations to promote social mobility within the legal profession, working with The Social Mobility Business Partnership and Aspiring Solicitors. 

She trained as a lawyer in the City and worked as an in-house lawyer for 10 years including as Head of Legal for Virgin Radio and Ginger Media Group.  

Outside of work she is happily married with three sons and enjoys morning walks along the beach with her two dogs.