As the focus on data analytics ramps up among the legal profession, one insolvency expert has highlighted that the need for professional scepticism is stronger than ever before.
Professional scepticism is described as an independent state of mind that can form an opinion without being affected by factors that compromise judgement, according to Jirsch Sutherland partner Chris Baskerville.
Mr Baskerville said as data mining becomes a prominent focus for more company CEOs like what were seeing in many law firms an increasing number are turning to professional sceptics to detect fraud in insolvency matters.
The personal traits associated with healthy levels of professional scepticism include self-confidence, intellectual curiosity, clear comm…
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