Corporate governance and ethics expert Suzanne Rich Folsom told The Anti-Corruption Report that seeking referrals and conducting due diligence are two important considerations when working with legal counsel outside the U.S. For referrals, she suggests consulting other U.S. lawyers who have experience in the relevant jurisdictions. Local business leaders or general counsel networks like ALM's Global Leaders in Law may also have recommendations. "Due diligence is the cornerstone of all compliance," Suzanne adds. "When operating in the global economy, it has become important to ensure that corporations protect themselves from unnecessary risk and reputational damage, by doing in-depth due diligence in connection with all overseas issues and potential deals."
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Suzanne Rich Folsom
Short StoryLongtime General Counsel Suzanne Rich Folsom was again recently recognized as a "Top Legal Counsel" by the Ethisphere Institute.