Bruno Fagali is leading a movement in Brazil against the corruption and ethical malpractices. As a rising lawyer, he is devoting his life to fighting the ill practices that plague the country. His aim to bring about a change in Brazil and it’s outlook while changing the perception of Brazil as far as corruption and ethics go is one that needs to be admired.
He got his Bachelors in Law from Pontifícia Universidade Católica de São Paulo in 2009 and soon after joined the same university to pursue a specialization in Administrative Law. He did not rest on his laurels as he pursued his Masters of Law from the University of Sao Paulo while working with Nova/SB as the Corporate Integrity manager. He graduated and earned his masters in 2017.
During the time he worked toward his masters, he started his own law firm – Fagali Advocacia. Fagali Advocacia has an experienced team handling various facets of legal issues for its clients, providing them with the high quality of service in streams such as Compliance, Public Law, Anti-Corruption Law, to name a few.
Bruno believes there’s a need to bring in compliance programs and corporate governance as part of the routine and not as an outside variable, he believes in the integration of the program within the routine and the different branches of the company like Human Resources, Internal Audit, Legal Department, Accounting Department, and so on.
Along with Lucas Aluisio Scatimburgo Pedroso as partner for Fagali Advocacia, Mr. Fagali aims to bring about a change in the way companies function, bringing in more ethics where it matters and to make sure they don’t simply see compliance laws as guidelines but incorporate them into the inner workings of the company to a point where it becomes a natural part of the firm.
However, even with many companies starting the change and becoming more compliant in 2017, Bruno believes that there are still some shrinking away from the responsibility. He notes that compliance needs to happen at a fundamental level first and then proceed to bring about a strong code of ethics and prevent further irregularities. With rising lawyers like Bruno taking the reigns, Brazil’s future look to be in safe hands.
For details: fagali.jusbrasil.com.br/
Jeremy Goldstein is a partner with Jeremy Goldstein & Associates LLC. It’s a boutique law firm that specializes in advising compensation committees, CEO’s and management teams. Goldstein recently gave advice on how to handle Earnings per Share (EPS).
As employee and shareholder incentives, EPS’s are generally a positive thing. They are what motives shareholders to buy or sell. They also give employers incentives to increase employment pay. Recent research has confirmed that EPS’s are part of what tends to make companies more successful. Even though EPS’s appear to be very advantageous, entities can also easily supplement it to their own ulterior motives.
Those who oppose the whole idea of EPS’s argue that they allow for favoritism of CEO’s and skewing of the metric results. Others argue that they’re only good for short-term profitability and don’t provide any outlet of long-term reinvestment. Performance-based programs are often criticized for forever changing and being unreliable as a result. As a result, companies are advised to start thinking long- rather than short-term to back up their investments.
Goldstein recently recommended a compromise between both the pro- and the anti-EPS argument. He argued that instead, companies should focus on finding ways to hold CEO’s and executives more accountable for their actions rather than completely doing away with pay per performance. Ensure that pay-per-performance measures up to the company’s long-term goals. This will provide a better outlet for both share growth and sustainable long-term growth.
Jeremy Goldstein has been practicing in New York for many years now. He earned his J.D. degree from the New York University School of Law. He started at a larger firm called Wachtell, Lipton, Rosen & Katz before branching out to his own smaller firm. Learn more: https://lawyers.justia.com/lawyer/jeremy-goldstein-1275422
Aside from having a lot of experience working with large companies such as Bank of America and Verizon, he has also worked with many cellular, banking, oil and stockholder companies. He has been listed as a top selection for legal counsel in Chambers USA Guide to America’s Leading Lawyers for Business and Legal 500. He’s a regular contributor to the NYU Journal of Law and Business as a member of their advisory board. He also regularly writes numerous articles for various other journals of Law.