Formulating your firm's approach to corporate social responsibility—CSR—small and medium firms
Produced in partnership with Joanna Kennedy of The Zacchaeus 2000 Trust (Z2K)

The following Practice Management practice note produced in partnership with Joanna Kennedy of The Zacchaeus 2000 Trust (Z2K) provides comprehensive and up to date legal information covering:

  • Formulating your firm's approach to corporate social responsibility—CSR—small and medium firms
  • Developing a business case for CSR in a smaller firm
  • Wider social responsibility
  • Quality of the firm's management
  • Benefits of CSR for smaller firms
  • Recruitment and retention of staff
  • Clients
  • Financial benefits
  • Key staff members
  • Formulating the firm's CSR goals
  • More...

Formulating your firm's approach to corporate social responsibility—CSR—small and medium firms

This Practice Note provides information for small and medium-sized firms on formulating an approach to corporate social responsibility (CSR) and drafting and implementing a CSR policy. It reviews key issues to consider and highlights tools that could be of assistance.

This Practice Note covers:

  1. developing a business case for CSR in a smaller firm

  2. key staff members

  3. formulating the firm's CSR policy

  4. CSR policy precedent

  5. implementing CSR

  6. reviewing the CSR policy

Developing a business case for CSR in a smaller firm

CSR is generally regarded as a commitment by a firm to look beyond simply making money, to conduct its business responsibly and to integrate certain economic, social and environmental principles into its processes and decision making, thereby establishing better practices within the firm and leading to benefits for the wider community.

Smaller law firms may have fewer resources at their disposal and therefore, commonly, do not have many strategies other than growing their business. As a result, CSR is often overlooked by smaller firms. However, having a CSR policy can have real benefits for the smaller firm.

There are often two aspects to CSR, both of which can be applicable for small and medium-sized firms:

  1. the firm's wider social responsibility, and

  2. quality of the firm's management

Wider social responsibility

One aspect of CSR looks at a firm's wider social responsibilities

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