Law firm business development departments can help to win clients by identifying potential deals, accompanying lawyers to meetings and obtaining valuable feedback
External legal counsel can be used to test controls and train staff – including IT personnel – on how to prevent risks associated with failing to safeguard information
Comprehensive training for staff will help to minimise risk when a company is the subject of a dawn raid, according to speakers at a recent masterclass hosted by PwC.
Executives in parent companies often reluctant to accept board positions in foreign subsidiaries due to significant risks involved
Acting quickly is vital in fraud investigations in order to ensure evidence is preserved and data is not modified or deleted
Many general counsel in the pharmaceutical sector prefer to handle legal matters in-house due to a shortage of law firms with the necessary industry knowledge
General counsel are responsible for raising awareness of business ethics among management and boards of directors
Tribunals’ failure to properly value major foreign investments and the failure of investment arbitration to respect democratic principles mean confidence in the system is diminishing
Communication between directors and employees – as well as good training – is vital when creating a culture of compliance
Countries in Africa suffering the effects of the oil crisis have the opportunity to diversify their economies by developing their energy, tourism, agribusiness and infrastructure sectors
