Friday, April 25, 2008

Corrupt Companies not to be Out Done by Predecessors: FCPA Actions are Booming


This is an article by Steven Pearlstein in todays Washington Post. This is of course a good sign for contract attorneys everywhere, especially those who know a language or two.
"But these days, FCPA business is booming, a welcome growth area for Washington law offices just as work on mergers and securities offerings has begun to wane. You can't go into a business class lounge at the international terminals at Dulles Airport without running into at least one lawyer headed to Europe or Asia to conduct an internal investigation of a possible bribe or kickback for a corporate audit committee. And law firm Web sites now boast entire practice areas devoted to advising multinational companies on how to design and implement compliance systems meant to deter and ferret out corrupt practices. "
You can also read further commentary on the FCPA Blog.

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