A whistleblower’s lot is often not a happy one. Last night Edward Snowden slept in a pod at Moscow airport en route for his hoped-for asylum in Ecuador while the US lobbied Russia to expel him on spying charges. Not sure Snowden will have got the full eight hours.
Life can be just as rough for others who blow the whistle too. Take former HBOS risk analyst Paul Moore. As The Lawyer’s main feature today reports, “first they swore at him, then they bullied him and finally they sacked him and tried to blacken his name”.
Not that it did them much good. Moore didn’t back down, puckered up and blew the whistle about the bank’s overly aggressive sales targets and cavalier management. Cue an irreversible downwards spiral culminating in its sale to Lloyds. In today’s feature, Moore calls for in-house lawyers to take a more robust approach to protecting whistleblowers and be prepared to speak out against bad management decisions.
They may get a helping hand this week in that effort. Tomorrow sees new employment law rules relating to whistleblowers come into force in the shape of the Enterprise and Regulatory Reform Act. If you need to gen up on it, check out the handy opinion article by Mayer Brown Christopher Fisher.
You never know who might blow the whistle next.
Elsewhere in this week’s bumper issue of The Lawyer there is everything you need to know about the best private equity lawyers in the land. Clients pick their favourites, and the private practice lawyers recommend their peers. The question is: who’s in, and who’s out? Read it here.
Also on TheLawyer.com:
- Pull your fingers out lawyers, you’re years behind accountants on process and BD
- Barclays calls lawyers in for cost-cutting summit
- Chunky deal alert as Linklaters and Hengeler switch on for €7.7bn Vodafone buy
- And as we reveal the top private equity lawyers, groundbreaking research also reveals that only 16 of the top 30 UK-headquartered buyout firms have in-house legal capability