How To Be An Effective Company Watchdog

Like it or not, being a company watchdog is increasingly part of the day to day responsibilities of many in-house counsel. The stakes are high, and have gotten even higher, with companies operating in increasingly regulated environments. Even where companies do not have multiple regulatory authorities overseeing their activities, companies can knowingly or unknowingly be operating in contravention of the myriad of rules and regulations that exist at all levels of government. With many companies having hundreds of regulatory authorities to keep happy across the globe, the role of in-house counsel as a company watchdog is critical in monitoring regulatory frameworks and associated internal controls designed to deal with them. Sterling Miller’s recent piece illuminates the issues involved and provides practical guidance for in-house counsel at all levels in an organization: