Rees Morrison has consulted to more than 250 law departments (and several law firms) over 22 years to help them better manage themselves and their outside counsel. For more, visit reesmorrison.com, email me, or call 973.568.9110.

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« Jekyll counselors but should we Hyde litigators? | Main | Rees Morrison’s Morsels #84 – additions to earlier posts »

Difference between “general compliance” and “regulatory compliance”

During a Counsel to Counsel forum held in Madrid, Spain on Feb. 26, 2008, one of the attendees spoke about two kinds of compliance functions. I quote a summary of the meeting from the Martindale-Hubble website.

“Here, one speaker recalled that, in their company, general compliance is handled by the internal audit department, while regulatory compliance was run by legal. The two departments are run separately, but form part of the same general process within the company.”

I have not encountered such a bifurcated compliance function.

Posted on November 30, 2008 at 09:46 PM in Structure | Permalink

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