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Ethics in Practice: How Legal and Investment Advisors Navigate the Grey Areas

Ethics in Practice: How Legal and Investment Advisors Navigate the Grey Areas
Property Quorum – Thursday 12th June at 10am

What happens when the rules don’t quite fit the situation? When doing the right thing means pushing back, asking harder questions or slowing things down?

That’s the terrain we’re exploring this week on Property Quorum, with a live podcast titled “Ethics in Practice: How Legal and Investment Advisors Navigate the Grey Areas.”

Because ethical decisions rarely arrive clearly labelled. They tend to show up in the form of pressure, urgency, or silence. Sometimes it’s what isn’t said, or what’s quietly overlooked. Other times it’s a choice between being technically correct or practically fair. For professionals in the legal, financial and property world, these are the waters you swim in every day.

On Thursday 12th June at 10am, Gareth Wax returns to the host’s chair, joined by conveyancing collaborator Hamish McLay. Also in attendance are our two regular contributors, each well used to walking the ethical tightrope. Juliet Baboolal, experienced property lawyer and partner at gunnercooke, brings a wealth of insight into where legal advice ends and client protection begins. Chris Gilsenan, developer and investor at Root Home, will speak to the realities of navigating deals in a market where timing, trust and transparency don’t always move in sync.
Together, we’ll be looking at the choices that don’t always make the headlines. The ones that take place behind closed doors, in quiet emails or unrecorded calls. The kind of moments where a decision isn’t necessarily wrong, but might not sit right either.

We could be asking real questions about the ethical temperature of the sector. What happens when developers find themselves under pressure to gloss over incomplete cladding work to meet deadlines? How do legal advisors handle a case where a seller's history doesn’t quite tally with their documentation? What role do investment advisors play when a deal’s risks are technically disclosed but practically buried?

It’s not about catching people out. This conversation is about recognising the complexity of professional judgement, and the shifting ground that advisors often have to walk on. Most people don’t set out to act unethically. Yet the structure around them, whether that’s a deadline, a bonus, or a client’s expectations, can blur the view.

There’s also the matter of interpretation. Terms like ‘reasonable’, ‘adequate’ or ‘best interests’ are open to context. They rely on personal judgement as much as legal instruction. And that is where experience counts. The ability to see the long-term consequences of a short-term compromise. The instinct to pause when a deal feels too clean. The confidence to say, “this needs more scrutiny.”

It would be easy to treat ethics as a compliance box or a matter of personal integrity. Yet in practice, it’s often a balancing act between competing priorities. Commercial pressure, client loyalty, reputational risk, and of course, the letter of the law. We’ll be talking through all of that, guided by real cases and practical reflections.

Join us live on Thursday 12th June at 10am. The recording will be available later for those who can’t make the session live.

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Friday, 13 June 2025