1 Substantive Law

Directors’ Duties: Liabilities, Risks and Compliance

LawCPD author: Karen Lee
Karen Lee
Principal Legal Know-How
1 CPD Point


Interactive Content
Self-Paced Completion
On-demand and on Any Device
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It is essential for lawyers advising directors to understand the duties owed to the companies they serve.

Directors’ duties are designed to ensure the smooth operation of the company and to safeguard it from threats that may jeopardise its survival. One of the greatest challenges directors face is understanding how they should discharge their duties in order to meet their legal and fiduciary obligations. Failure to meet these obligations can have significant consequences both for the director and the company.

This course aims to provide legal practitioners with an overview of directors’ duties, how these should be discharged, and how to manage risks that may come with taking on directorial roles. 

The course covers:

  • directors’ duties under general law, statute and contract
  • liabilities for breaching directors’ duties, including civil and criminal penalties
  • defences and relief for breaches of directors’ duties
  • practical strategies for managing risks that come with taking on directorial roles.

Published: January 2024

Meet the expert

LawCPD author: Karen Lee
Karen Lee
Principal Legal Know-How

Karen is the principal of Legal Know-How, a legal consulting practice which provides expert legal advice and user-friendly knowledge management solutions to financial institutions, large corporates, SMEs and law firms. 

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  1. 5.0/5
    Good refresher course and reminders of Director's duties and obligations.
    Good reminder when giving clients advice and also for me personally, in my voluntary capacity.
  2. 5.0/5
    A very comprehensive course.
    The content was thorough and the explanations clear. The use of case studies illustrated the content.
  3. 5.0/5
    Very good course
    Easy to follow and very instructive.
  4. 5.0/5
    Great content and interactive presentation
    Loved the format - it required me to pay attention and actually learn the elements of each duty. Very "anti-tune out"!
  5. 4.0/5
    Good. Well done
    I enjoyed the course.
  6. 5.0/5
    Very good
    Always important to refresh on this topic; very well presented in this course.
  7. 3.0/5
    Good refresher
    Always good to revisit directors risks and the Corporations Law consequences.
  8. 5.0/5
    Excellent course.
    Well set out and great coverage.
  9. 5.0/5
    Excellent course.
    Good outline of the essentials regarding director's duties, and their several legal sources.
  10. 5.0/5
    Great refresher
    Very easy to follow.