Counseling Directors and Boards
Obligations imposed by the Sarbanes-Oxley Act, as well as the requirement that decision makers vigilantly maintain their independence from management, highlight the need for Boards to retain separate counsel. Increasingly, directors - especially members of the Audit and Special Committees - require independent and objective advice so that they can fully comply with the relevant governance, ethical and regulatory requirements. The Firm’s corporate counseling group consists of a number of highly regarded lawyers skilled in providing straightforward, practical counseling in connection with corporate governance issues and crisis situations. Our lawyers guide directors who today face difficult judgments by reducing the risk of liability from any day-to-day ensuing challenges.
The lawyers at RK&O who specialize in corporate governance matters have, among other things, developed a special expertise in corporate compliance and the relatively new field of enterprise risk management or “ERM.” This expertise makes that team especially well suited to help companies monitor and respond to business issues before they become compliance problems or, worse still, regulatory cases.