As 2014 ends, many companies and their employees in sales and marketing functions will think about next year’s marketing plan and sales plan.  How to expand the company’s sales and therefore increase revenue?  But for law firms, corporate law departments and even compliance departments, how much emphasis has been spent on business plans?  Probably not […]

The Future of the Korean Legal Services Industry By Bryan Hopkins ( Originally printed in the Korea Herald, April 23, 2012) The recent Korea US FTA has not only resulted in a discussion of the pros and cons of such an agreement but a debate regarding the entrance of major international law firms into the […]

Legal Significance of the Corporate Structure  When conducting legal risk management audits, it is important for in house counsel as well as managers to consider the topic of corporate structure.  For companies with subsidiaries it is increasingly important to review the corporate structure in place to determine whether or not the parent is shielded from […]

When it comes to compliance- just do it! Recently, I read that the Securities and Exchange Commission sanctioned numerous firms for violating auditor independence rules when they prepared the financial statements of brokerage firms that were their audit clients.    Specifically, the agency found that during audits, the firms relied on data from financial statements and […]

Risk Management Must Always Be Proactive For Risk Mitigation It’s Time to Plan for Next Year The end of the year is almost upon us.  That means of course it is time to plan for next year.  What risk management processes should be implemented or updated?   What updates to the compliance program should be made […]

Recently , the New York Times reported several fatalities and numerous injuries linked to defective airbags manufactured by a company named Takata.  The defective design or nature of the airbag revolves around defective propellant in the airbag and has resulted in a massive recall involving millions of cars.  According to documents reviewed by Reuters, not […]