The Law Journal UK Executive Newsletter

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Why do you need to read

The Law Journal UK Executive Newsletter?

Survival.

There is a crisis of confidence and of trust in the business world today. The scandals continue to multiply almost daily. Investor confidence is an oxymoron. As is the term 'secure fixed investments'.

This is the issue -- as long as people felt their future was financially stable, any calls for reform fell on deaf ears. However, now that working people are feeling an unprecedented angst, social stability and the future of existing institutions are in question.

What is the problem? Is everyone corrupt? Can anyone be trusted?

Let us look at the issue of law. Why do laws exist? To protect the innocent and convict the guilty? To set parameters so that society can operate in a smooth, just and predictable manner? Or, as it seems now, to push boundaries beyond any reasonable concept of legality ?

Let us now look at the issue of trust.

Can you truly negotiate a business transaction or deal with people if there is no trust? The law can set parameters and implied conditions to ease the process of negotiation, but if there is no trust there can be no agreement. If there are no agreements, then there cannot be a functioning society. If people cannot trust, how can they invest ? How can they live ? That is the core threat of the current crisis.

And now let us look at the biggest issue -- is anyone above the law?

We can make a case, of course, that certain public figures are not subject to normal prosecution. However, that does not cover corporate executives who feel that the law is for 'the little people.' Yet these 'little people' invest, and when their investment climate is in danger, turn as voters to the government for action.

A prominent business reporter recently referred to a rap song with the lyrics, "The rules are for fools." That may be true given recent events. However, we "fools" are now reacting, taking our money elsewhere and demanding action from governments. However, the trust of government is running equally low given recent reporting and financial disclosures. So who can we "fools" trust?

The reality is that Business will have to 'heal thyself.'

Business will have to confront its practices. From a legal perspective, there is no problem with a business attempting to achieve the best legal position possible. However, when that positioning stretches the bounds of legality a short term gain will be negated by a long term collapse.

That is why you need The Law Journal UK Executive Newsletter -- your survival in business in this volatile environment. The Law Journal UK Executive Newsletter gives you the edge in understanding what is happening -- and why it is happening.

The Law Journal UK Executive Newsletter is sent by e-mail monthly, at a subscription rate of 79 pounds per year. International orders are, of course welcome.

Your survival is worth 79 pounds per year.

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