Tips, strategies, and frustrations about how to manage compliance programs more effectively were the dominant theme at Compliance Week 2009, as corporate compliance officers everywhere voiced concerns about the increasing risks their departments must manage—with ever-tighter budgets.
The bad economy is a risk in its own right, according to Cynthia Jackson, a partner in the law firm Baker & McKenzie, since laid-off or otherwise unhappy employees are often tempted to report companies for alleged misconduct. They can also complain that they were wrongfully terminated, which means companies must be even more careful to run whistleblower hotlines and workforce reductions properly.
