We Assist Law Firms and Their Clients with All Aspects of Federal Statutory and Regulatory Compliance
Law Firm Consulting Lead – Timothy E. Allen | Former Special Agent (U.S. Secret Service & DOJ-OIG)
Compliance is a critical area of concern for law firms and their clients. All companies have compliance obligations of one form or another; and, for companies in highly-regulated industries, maintaining compliance is a significant undertaking that requires ongoing management, oversight, and administration.
At Corporate Investigation Consulting, we assist law firms and companies of all sizes with all aspects of federal statutory and regulatory compliance. In doing so, we rely on our agents’ and consultants’ centuries of combined high-level experience at the U.S. Department of Justice (DOJ) and other federal regulatory and law enforcement agencies.
Law Firm and Corporate Compliance Consulting
We consult with law firms of all sizes with regard to compliance management. This includes providing ongoing compliance consulting services as well as providing ad hoc compliance consulting for law firm formations, spinoffs, mergers, acquisitions, and other matters.
We also provide corporate compliance consulting to law firm clients. While the firm’s attorneys advise company executives and key stakeholders with regard to matters such as entity formation, financial structuring, and compliance policy drafting and implementation, our agents and consultants can assist with matters including:
- Assessing law firms’ and companies’ regulatory and statutory compliance obligations
- Assessing the sufficiency of law firms’ and companies’ current compliance policies and practices
- Examining potential compliance obligations arising out of discrete business activities or transactions
- Maintaining or establishing compliance during event response, with respect to cybersecurity breach notifications, and other similar types of reactive measures
- Consulting during federal compliance audits and investigations
Our general corporate compliance consulting services encompass all areas of federal oversight. We assist law firms and companies with compliance in the areas of antitrust, securities, anti-corruption, anti-money laundering (AML), and tax law compliance—among many others.
Put our highly experienced team on your side
Roger Bach
Former Special Agent (OIG)
Timothy E. Allen
Former Senior Special Agent U.S. Secret Service
Chris J. Quick
Former Special Agent (FBI & IRS-CI)
Maura Kelley
Former Special Agent (FBI)
Ray Yuen
Former Supervisory Special Agent (FBI)
Michael S. Koslow
Former Supervisory Special Agent (DOD-OIG)
Marquis D. Pickett
Special Agent U.S. Secret Service (ret.)
Industry-Specific Compliance Consulting
In addition to providing general corporate compliance consulting services, we provide industry-specific compliance consulting services to law firms’ clients as well. With prior federal investigative and law enforcement experience in healthcare, financial, banking, importing, and other fields, we are able to offer deep insights based on first-hand knowledge of federal regulators’ enforcement policies and priorities.
We offer initial and ongoing compliance consulting services to companies of all sizes, both public and private, in industries including (but not limited to):
- Banking and finance
- Cybersecurity and high technology
- Cryptocurrency and blockchain
- Food and consumer products
- Government contracting
- Healthcare
- Importing and exporting
- Media and communications
- National security
- Pharmaceuticals and medical devices
- Retail investing
- Transportation
Whether consulting with a law firm or with a law firm’s client, we work collaboratively with the firm’s compliance officer and managing partners to develop effective and efficient compliance strategies. While we are happy to serve law firms and their clients as needed, we provide compliance consulting to many firms and companies on an ongoing basis.
FAQs: Law Firm, Corporate, and Industry-Specific Compliance Consulting
Q: What are the benefits of engaging an outside consulting firm for law firm or corporate compliance?
There are several benefits to engaging an outside consulting firm as opposed to attempting to fully manage compliance in-house. First and foremost, establishing and maintaining federal compliance both require substantial subject matter expertise. In addition to this expertise, it is also necessary to have a clear understanding of effective compliance implementation strategies and how best to avoid unwanted federal scrutiny. With our team of former investigative and law enforcement agents, we are able to offer deep insights and practical compliance recommendations based on first-hand knowledge of the real-world risks of compliance failures.
Q: What areas of compliance tend to present the greatest risks for companies?
There is no one area of compliance that presents the greatest risk for companies. When it comes to federal compliance, any shortcomings can lead to a federal audit or investigation. With that said, federal authorities do shift their priorities from time to time; and, currently, securities law compliance, healthcare law compliance, and national security compliance are three examples of particularly high-risk areas.
Q: How often should law firms and companies be reevaluating their compliance efforts?
All law firms and companies must reevaluate the sufficiency of their compliance efforts on an ongoing basis. While conducting an annual compliance audit is a good baseline, it is important to monitor for regulatory and statutory changes, and any significant transactions or changes in a firm’s or company’s operations should generally be preceded by compliance needs assessments as well.
Q: What are the most-effective ways for law firms and companies to mitigate their compliance risk?
The most effective ways for law firms and companies to mitigate their compliance risk are: (i) to conduct a preliminary compliance needs assessment, (ii) to develop comprehensive compliance policies and procedures, (iii) to implement these policies and procedures effectively, and (iv) to monitor for compliance failures and additional compliance needs on an ongoing basis. At Corporate Investigation Consulting, we provide assistance at each of these four stages, working closely with compliance officers, partners, company executives, and other key stakeholders every step of the way.
Q: Can Corporate Investigation Consulting assist with remedying compliance failures and defending against government investigations?
Yes, in addition to providing general corporate and industry-specific compliance consulting services, we assist with event response and federal investigation defense as well. Our agents and consultants can deploy to locations across the United States on a moment’s notice, and they can use their prior federal government experience to help firms devise and execute targeted strategies for remedying compliance failures and fending off federal civil and criminal charges.
Speak with a Senior Agent or Consultant at Corporate Investigation Consulting
If you would like more information about our firm’s compliance consulting services for law firms and their clients, we encourage you to get in touch. We work with law firms throughout the country, and we can arrange for you to speak with one of our senior agents or consultants at a time that is convenient for you. Call 866-352-9324 or tell us how we can help online today.