Panag & Babu becomes signatory to the Mindful Business Charter

Panag & Babu Law Offices has become signatory to the Mindful Business Charter, alongside 32 other organisations including Siemens Energy, Dechert LLP and Bird & Bird LLP..The Mindful Business Charter (MBC) was established in 2018 as a result of a collaborative research exercise between leading international law firms and banks (Barclays, Pinsent Masons and Addleshaw Goddard) to establish a set of best practices, behavioural principles to tackle and reduce avoidable stress in the workplace. Signatories to the MBC acknowledge their commitment under four key areas - openness and respect; smart meetings and communication; respecting rest periods; and mindful delegation..The principles govern both the way that organizations operate internally, and also the way in which organizations interact bilaterally. The MBC has the support of mental health charity Mind, the City Mental Health Alliance, the International Bar Association, the Law Societies of England and Wales and of Scotland and Singapore, LawCare, the Solicitors Regulatory Authority and the Lord Mayor of London’s Appeal..Mary Peterson, Chair of the trustees and Head of Responsible Business at Addleshaw Goddard LLP, one of the founders of MBC, said, “How, when and where we work, and to an extent the very notion of what we mean by work, continues to evolve. The challenge to employers is to ensure that this continuing change is mindful and intentional, that we ensure that all of our people are able to thrive and to work in ways that are both healthy and efficient. MBC continues to evolve to meet that challenge. In the last year, alongside growing our membership base, we have put in place an ambitious strategy to enhance the support we provide to our members to enable them to meet that challenge. Our growing membership, increasingly international in nature and moving well beyond the legal and financial sectors in which MBC began, is testament both to the nature of the challenge and the willingness of employers to meet it.”.Richard Martin, Executive Officer of MBC, said:“I am thrilled to be formally welcoming so many new members that, over the last year, have made their commitment to healthier and more effective ways of working. At its heart MBC is a community of employers coming together to share ideas, learning and challenges, knowing that together we will make so much more of a difference than if we were working alone. Our new members have already shown that we will learn from them as much as they will learn from us. Their commitment, and the renewed commitment from all our members, provides the energy and encouragement to continue our work. We continue to enhance the support we provide to members, whether through collaboration with trusted partners, such as digital wellbeing experts Shine Offline, one to one work with individual members, a growing series of Insight events, the creation of resources to support members or initiatives to tackle unhealthy practices across particular sectors. Change takes time but by making small and deliberate steps on a consistent basis we can achieve great change.”.Sherbir Panag, Managing Partner of Panag & Babu said,"We believed it was imperative that we hold ourselves accountable to a standard that we already espoused informally and fundamentally believed in. Via the Mindful Business Charter, we look forward to staying the course with our commitment to mental health and keeping members of the Firm at the centre of all our strategies, initiatives and growth.".If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.