“The volume and scale of criminal cases against companies continues to be the story of the day. From Libor to Forex to FCPA, much of this activity is centered in the DOJ’s Criminal Division here in Washington, a trend that I expect to continue.”
—Lanny Breuer, partner, Covington & Burling.
“2013 was a ‘Tale of Two Governments’ with the federal healthcare agencies botching the Obamacare rollout and the financial services regulators raising the enforcement bar considerably. In 2014 one hopes the healthcare team will up its game and that the banking regulators will rediscover supervision and guidance as an available alternative to the blunter instrument of enforcement and sanctions.”
—Reginald Brown, partner, Wilmer Cutler Pickering Hale and Dorr.