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Leigh Dance has written, published and spoken extensively on many aspects of global legal services, at major global conferences and in business and legal industry publications worldwide, including The Wall Street Journal.  Click here for our extensive archive of past (we believe still insightful!) published articles.

Dance is author of Bright Ideas:  Insights from Legal Luminaries Worldwide, published by Mill City Press and available on Amazon.  Bright Ideas is a compilation of 23 original essays by leaders and influencers around the world.

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Law firms need to help clients answer the question: how much compliance is enough?

Excerpted from my article published Dec. 10th  in Legal Week, entitled “Haven’t we invested enough in compliance?  - GCs on going beyond the letter of the law”  www.legalweek.com/2438361 A few excerpts:

“Legal and compliance chiefs in multinationals are increasingly held accountable for regulatory disputes and other issues that damage the reputation of the enterprise. That makes it delicate for them to answer the question corporate executives pose in budget reviews at this time of year: ‘Haven't we invested enough in compliance?’"

It can be a challenge to defend the swelling costs of investing in processes and people to ensure adequate compliance.”  Law firms can actively help their clients do so. 

“…the government, media and the general public highly scrutinise activities of businesses and banks. Social media and daily newspaper headlines have shown us that perception of wrongdoing, even if eventually disproven with facts…

“… Trust in corporations and government is historically low; not a surprise given the likes of highly-publicised wrongdoing such as the VW allegations…

“General Counsel and compliance heads that face inquiries about suspected non-compliance - from prosecutors, the media or special interest groups-are finding that … There is often an expectation that the company should have done more, or should have known more.”

Read more at :  www.legalweek.com/2438361