The Impact of Recent Scandals on Corporate Counsel –
Four Questions Every General Counsel Must Answer
With a few exceptions, in-house lawyers have fared much better than most other stakeholders in the many corporate scandals that have occurred this year. Accountants, CEOs, investment bankers and stock analysts have undergone much public scorn and scrutiny. Corporate executives face incarceration. One of the five largest accounting firms is no more, and few investors have confidence in the regular “buy” recommendations from their brokers.
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