When I started doing employer outreach for Brooklyn Law School in 2002, I was encouraged to explore compliance positions. At that time, most compliance positions were still considered "quasi-legal" jobs. But compliance was beginning to blossom and quickly shifted in the direction of more legally-focused roles. In today’s environment, many compliance positions are entirely attorney roles and extremely varied. When someone says they work in "compliance," they can mean a variety of different industries, from health care to financial services to insurance. They can also work in various areas of compliance within an industry, from privacy to risk assessment to automation. Compliance is a burgeoning marketplace. I just completed a search on The New York Times Jobs page and the results were more than 1,000 job openings in compliance around New York City today. An Internet search for "compliance associations" results in hundreds of hits. The numbers don’t lie.
Compliance Today
What exactly is compliance? In recent years, that has been a more difficult question to answer, since the definition is so broad and varies across industries and markets. A very basic definition would be "a movement to be in accordance with established guidelines or legislation." Most large companies now generally do business globally. Imagine the movement necessary to be in accordance with the established guidelines or legislation across all of the jurisdictions where a given lawyer or organization conducts business. It can be a dizzying undertaking. In a regulatory context, compliance is becoming a critical business concern.
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