Bruno Fagali is one of the most popular legal practitioners in Brazil. He has many years of experience in the legal field and has worked with many law firms. He has earned a good reputation due to his professionalism. He is the founder of Fagali Law Firm. In 2017, he was involved in various legal battles that have a national significance. One of the main challenges in both private and public organizations is corruption. According to Bruno, many organizations lack good compliance programs. For those firms that have the programs, it is done in order for them to obtain a certificate. After that, they resume to previous practices. He is concerned about the failure of different companies to comply with the Anti-Corruption Law. He urges all organizations to adopt a permanent cultural change in their routine operations.
Bruno Fagali advice firms to develop continuous monitoring processes to ensure continuous improvement and detect areas that need some changes. According to him, the integrity programs should be utilized in the daily activities of a firm in every department. Every corporation is advised to develop the acceptable codes of conducts and communicate to all the stakeholders. There are some challenges during the implementation of compliance programs. For example, the lack of support from the executive. Therefore,Bruno urges individuals to seek the support of the management to ensure the success of the implementation process. Every stakeholder should be informed about their role in the process. The organization should also establish rules to ensure adherence to the objective.
Bruno Fagali is of the opinion that some courses that are taught in institutions of higher learning could impact the managers with the skills on the importance and how to develop compliance programs in the organization. Some scholars have recommended a constant review of the content being taught in learning institutions to equip learners with the skills needed to solve some of the problems in the society. Bruno Fagali reports that the current MBA courses have incorporated the entrepreneurial concept for the personal development of the students and eventually, the economic growth of the country. Students learn about new and innovative business ideas.
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In any country, the profession of law is highly respected and sought after by aspiring students, and it is no different in Brazil. Here there are hundreds and thousands of students who want to become a lawyer and choose it as their career option each year. There are a few premier law schools in the country where hundreds of students enroll each year to kick start their career in the field of law.
The legal system of the country has been undergoing transformation since the country received independence in the year 1822 and has been influenced by a period from the French, German and Italian Law to great extent. However, the country’s governments over the years have made many changes and put into effect many amendments as per the country’s requirements and policy making agenda.
The country is filled today with many top lawyers and law firms of international repute. One of the most reputed law firms in the country is Tosto and Barros Advogados, which has represented some of the most prominent political personalities, public figures, and multi-national and national companies. It is co founded by Ricardo Tosto, who is considered an authority in Brazil when it comes to financial law, corporate law, compliance law, administrative law, and high-value litigations. The extensive experience of Ricardo Tosto has helped him win some of the most complicated and challenging lawsuits in the country, which is referred to in many law institutions in the country as case studies.
Ricardo Tosto studied law from the reputed law institution in the country, Mackenzie Presbyterian University. He has studied business from the highly reputed Armando Alvares Penteado Foundation. With over thirty years of experience in the field of law, Ricardo Tosto is one of the most experienced senior attorneys in Brazil today. He is the member of the Brazilian Bar Association for long and is known for his in-depth knowledge of Brazilian law. Many of the companies in Brazil consult Ricardo Tosto to ensure their business is operating by the compliance law of the country, as in the otherwise case the company may attract hefty penalties.
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