Sue Reisinger – May 2, 2013 – The American Lawyer
In light of our recent looks at corporate compliance programs, CorpCounsel.com thought it would be enlightening to check out how top law firms handle compliance issues. But what it found was that either many firms don’t have formal compliance programs, or else they don’t want to share how they do it.
These are firms that certainly know what goes into a strong compliance program—implementing corporate compliance regimes is one of the services they provide. But many of them turn very quiet when asked about their own compliance efforts. “That surprises me,” said Kenneth Young, a veteran employment lawyer in Charlotte who now coheads Young Mayden, a legal research and consulting firm. “They [top firms] can’t look like they’re not on top of it. It’s definitely a compliance world and it’s here to stay.”