A new logic for professional law
Under this title, our partner Dr. Martin Schorn gave an interview to the magazine JUVE Rechtsmarkt (issue 1/24) on the new professional compliance requirements for lawyers. Law firms must now maintain a professional compliance management system in accordance with Section 59e (2) of the Federal Lawyers’ Act (BRAO), which has been supplemented since October last year by specific requirements in Section 31 of the Professional Code of Conduct for Lawyers (BORA). These include the appointment of a professional law officer, the implementation of a risk analysis and corresponding training and the establishment of an internal reporting office. In Martin’s opinion, law firms would do well not to limit this risk analysis to the hard professional obligations, but to become generally aware of the risks arising from their advisory activities.
An abridged version of the interview can be downloaded here.
