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Building the Sustainable Law Firm

Building the Sustainable Law Firm

Authors
Publisher Ingram Publisher Services UK- Academic
Year 09/06/2022
Edition First
Version eBook: Reflowable eTextbook (ePub)
Language English
ISBN 9781787428089
Categories Legal skills & practice
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Book description

With continued pressure from human rights organisations and socially conscious shareholders, investors, clients and employees, there is little doubt that every law firm must have environmental, social and governance (ESG) issues at the core of its business strategy.However, the implementation of an ESG strategy should not be a box-ticking exercise; rather, it requires firm-wide commitment and involves the full integration of ESG criteria into the strategy, operations and ethos of the firm, in relation to both the firm itself and its dealing with clients.Increased regulation, stronger business ethics and attitudes to climate change, environmental protection, employment standards, sustainable finance, risk and governance, community engagement, corruption and human rights are evolving at an unprecedented rate. As a result, the development of robust, long-term ESG initiatives in these areas can provide law firms with manifold benefits, including the opportunity to:gain competitive advantage;retain their license to operate;make cost savings due to operational improvements;attract, engage and retain clients and employees;increase value and service offerings to clients through advising them on their own sustainability transformation; andenter new markets.This Special Report looks at the business drivers for sustainability in law firms and offers a practical toolkit to guide law firms on their ESG journey. It will make essential reading for all lawyers, law firm leaders and management teams who are involved in implementing sustainability strategies at both a firm and practice group level.

Building the Sustainable Law Firm

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