When Less Effort Leads to More Trouble: Quiet Quitting and Fiduciary Accountability

We frequently see a partner’s “fiduciary duties” expressed as the union of the duty of loyalty and the duty of care.  The duty of loyalty requires fiduciaries to avoid elevating the interests of any other person or entity (including their own) above the interests entrusted to their care.  The duty of care requires fiduciaries to exercise their authority with reasonable diligence and prudence....
By: Farrell Fritz, P.C.

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