CORPORATE POLICIES

PREAMBLE TO NYCLA CONFLICT OF INTEREST POLICY

The Conflict of Interest Policy is a component of our system of internal controls and dovetails with our other formal protocols and policies such as the Policies and Procedures Manual, the Personnel Manual, the Audit Committee Charter, the Investment Committee Protocols, the Whistleblower Policy, the Record Retention Policy, the Antitrust Policy for Staff and the Reimbursement Policy and Protocol. Each of these policies and protocols has been enacted by the Board and communicated to relevant individuals. In addition to enacting these policies and procedures….. 

NEW YORK COUNTY LAWYERS’ ASSOCIATION 

This Policy was approved by the Board of Directors of the New York County Lawyers’ Association Foundation at its regular meeting on February 5, 2007 and amended on June 19, 2014.  The New York County Lawyers’ Association Foundation’s (“NYCLA Foundation”) Conflict of Interest Policy requires directors, officers and employees to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. Directors, officers and employees must practice honesty and integrity in fulfilling their responsibilities and comply with all applicable laws and regulations.

NEW YORK COUNTY LAWYERS’ ASSOCIATION
This Policy was approved by the Board of Directors of the New York County Lawyers’ Association at its regular meeting on September 10, 2007. The New York County Lawyers’ Association (“NYCLA”) is a not-for-profit bar association comprising over 8,000 members located in and around New York City, and is incorporated in the State of New York. NYCLA’s governance is subject to numerous statutes and regulations that require the retention of certain business records, including, but not limited to, the New York State Not-for-Profit Corporation Law…

This Policy was approved at a regular meeting of the Board of Directors of the New York County Lawyers’ Association on February 7, 2005.

Background:
NYCLA in many of its activities is subject to antitrust law.  The principal purpose of antitrust law is to maintain a free enterprise system by prohibiting business activities that unreasonably restrain trade or lessen competition.  The laws are based on the proposition that the public benefits by getting the highest quality products at the lowest prices through vigorous competition. 

This policy was approved by the Board of the New York County Lawyers’ Association at its regular meeting on October 15, 2013.

The New York County Lawyers’ Association (NYCLA) is committed to hiring and retaining highly qualified persons. At the same time, NYCLA recognizes that, despite their qualifications, hiring and retaining close relatives of present personnel might raise questions regarding the objectivity – or appearance of objectivity – of work assignments, performance appraisals and employee treatment. Our employment policies, administered on a case-by-case basis, are based on balancing these concerns.