Corporate Compliance

395 ABA Journal Corporate Compliance articles.

KPMG aims to employ 3,000 lawyers within the next few years
Accounting firm KPMG currently employs 1,800 lawyers in offices across 75 countries, and it has plans to expand the number.
Are lawyers being trapped in their practice niches?

Specialization may have gone too far. The first generation of specialist lawyers got their initial training from the more generalist lawyers whose apprentices they were. This isn’t the case for the second generation of specialists we are seeing today.

BigLaw firms’ competition from the Big Four accounting firms
The Big Four accounting firms have added legal services, moving beyond tax law and integrating their legal services into a multidisciplinary approach.
Clients pushing their outside counsels to adopt stricter cybersecurity standards and protections
Companies are expending more manpower and money on keeping their data safe. The study found that two-thirds of respondents expected their legal department’s role in cybersecurity would increase over the following 12 months, compared with 55 percent in the 2015 survey.
What is the FCC going to do about millions of bot comments during the net neutrality repeal debate?
ABA opposes legislation requiring lawyers to frequently report small-business ownership data

The ABA has taken a stand opposing an anti-terrorism bill under congressional consideration, saying it would impose unreasonable regulations on lawyers and their small-business clients while actually weakening efforts to…

Equifax is reportedly reviewing actions of its top lawyer, who oversaw security and stock sales
Equifax’s board of directors is reportedly scrutinizing the actions of the company’s chief legal officer, John Kelley, because of two of his duties—overseeing security and approving stock sales by executives.
Lainey Feingold: Negotiating better access for the disabled

Lainey Feingold

Regulators enlist corporate lawyers in joint response to cyberattacks

Responding quickly to an identity theft, ransomware or other computer attack means having a plan in place. And as participants in the National Institute on Cybersecurity Law learned, that includes…

Sharing isn’t caring when small businesses skirt civil rights laws
If courts agree that businesses in the "sharing economy" are technology companies rather than sellers of services—and can invoke arbitration clauses in their terms of service—users of those businesses may have no recourse against civil rights violations.
Three Takata executives are indicted in airbag scandal; company settles with Justice Department

Updated: Three former executives with the Takata Corp. have been indicted on wire fraud charges in connection with its production of faulty air bags that sometimes exploded.

The executives were…

Volkswagen executive is arrested in emissions scandal

A Volkswagen executive has been arrested on a charge of conspiracy to defraud the United States for allegedly misleading regulators in the automaker’s emissions scandal.

The executive, Oliver Schmidt, was…

Future is cloudy for Dodd-Frank and financial regulatory agencies under Trump presidency

Throughout the course of his presidential campaign, there was a veritable laundry list of proverbial bogeymen that Donald Trump promised to vanquish if and when he got into the Oval…

Mary Jo White to step down as SEC chair, opening door to dismantling of Dodd-Frank
Mary Jo White is leaving her job as chair of the Securities and Exchange Commission.

Trans-Pacific Partnership raises question: How should governments and corporations resolve disputes?

The Trans-Pacific Partnership appears to be a long way from going into force, but as a political issue, it clearly has arrived.

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