Due Diligence NOT dENY, dENY, dENY

3 posts published in March 2017

Surviving the Legal and Corporate World

March 2, 2017

FIRST THINGS FIRST:
GET AND STAY ORGANIZED BY LISA MARIE WAUGH

Earlier in my legal career, I had to deliver handwritten messages (you know a simple pink paper with “Message” at the top) to all the partner attorneys of a law firm. One of them, who shall remain anonymous, takes the prize for most cluttered office and desk. With every delivery to his office, I saw more and more evidence of not only all my previous messages, but some belonging to those other brave legal receptionists before me....

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Contract Administration

March 10, 2017

CONTRACT ADMINISTRATION
STRATEGIC ELEMENTS OF SUCCESSFUL CONTRACT ADMINISTRATION


Time and again resources that are negotiating and/or binding an organization in an agreement are clueless of the ramifications. Some strictly rely on the automated tools for determining document or redline changes without actually reading the contract. Some fall for the line of “we only use our contract- sorry it’s a deal breaker”. Some don’t even assess the big picture of the agreements impact as they are more...

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Compliance & Ethics Programs

March 31, 2017

COMPLIANCE & ETHICS BASICS

Knocking it out of the Park


Per the Federal Sentencing Guidelines for Organizations (FSGO) a compliance program must establish two fundamental elements to be considered an effective program:


– Procure an organizational culture of law abiding ethics and conduct
and
– Exercises due diligence to prevent, discourage, and identify criminal misconduct


The FSGO requires the following seven elements in a compliance program:

1. Establish Standards and Procedures to...

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