Overview
Michael Peregrine wrote this bylined article on a new survey of in-house legal departments that fails to offer clarity on the proper roles of corporate legal and compliance functions. “The failure to resolve this controversy can have disastrous risk-management implications for an organization,” Mr. Peregrine wrote. He concluded that “direct board ‘ownership’ of the compliance/legal controversy enhances the likelihood of resolution, and increases the effectiveness of the organization’s risk and compliance management systems.”
