Recently, a reporter for Corporate Counsel (an affiliate of the N.J. Law Journal) decided to ask the five largest law firms about their internal compliance programs, and was met by either 1) platitudes or 2) crickets. In most cases, the reporter’s call was transferred to the firm’s PR manager faster than you could say “billable hour.” Nothing to see here!
This is curious, since you would think that law firms would want to show clients that their “expert advice” on compliance programs is backed by some institutional experience with such matters.
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