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Sabrina Weiss
Title
Dr.
Last Name
Weiss
First name
Sabrina
Email
sabrina.weiss@unisg.ch
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PublicationCorporate Governance (Organisations- und Führungsstrukturen) in Schweizer Anwaltskanzleien - Eine empirische ErhebungGood and responsible corporate governance is required today more than ever, not lastly due to the recent financial crisis and various scandals. New laws and codes of conduct are finding their way into various industries. The impact of this change is also concerning the legal market, which in literature and expert circles is predicted to undergo major changes. Good corporate governance is in the same vein of increasing importance in law firms. However, what can be considered law firm-specific corporate governance and what constitutes its special characteristics is hardly known, if at all. Existing corporate governance principles cannot be extended to law firms without considering the industry-specific nuances and various influencing factors, such as the partner model, and professional- and code of conduct regulations. A «one size fits all» approach to good corporate governance does not exist, which justifies the relevance of understanding law firm-specific corporate governance and why the known corporate governance topics need be adapted to the specific circumstances of the particular situation. Bearing this in mind, this research project analyses law firm-specific corporate governance and examines how various corporate governance principles are implemented in practice. All types in terms of legal form and size of Swiss law firms are considered. As a result of this research, a reliable status quo as well as a deeper understanding of organisational and leadership structures in Swiss law firms is available for the first time. On this basis, seven implications for the design of key corporate governance action areas in Swiss law firms are derived, implications for the legislator are indicated and the need for further research is outlined. With preventive and sector-specific mechanisms and self-imposed measures in the direction of good corporate governance, law firms will henceforth be in a position to avoid compromising scandals which in the worst case could threaten their existence protect the reputation of their own firm as well as that of the entire industry, increase their attractiveness as employers and avoid the external imposition of mandatory corporate governance guidelines on law firms.Type: doctoral thesis