10 January 2020 is a date that the business world cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD) will become law throughout the European Union. And it places plenty of responsibility on many of those in business.
A poll of US and UK lawyers reveals attitudes about the ‘human’ element of the profession. Most respondents saidf their work-life balance was good, posisbly on a par with Harvey Specter, the fictional protagonist and lawyer from USA Network’s popular show Suits.
United States government-issued identification cards are replete with anti-fraud measures such as ultraviolet ink markings and holographics intent on stemming the reproduction of phony IDs.
Lawyers hardly need explaining why these are so vital: legal practice requires highly developed cognitive abilities – for information retention and retrieval, analysis and interpretation, decision making, argumentation, etc. Legal training develops these abilities to a high level.
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