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Times are good for businesses that provide corporate compliance training online. One, LRN, The Legal Knowledge Company of Los Angeles, saw contracts for its Web-based Legal Compliance and Ethics Center double in the past year–to $100 million.

It’s not hard to see why. Fueled by Sarbanes-Oxley, regulators are requiring corporations to adopt strict codes of conduct and to ensure that even rank-and-file employees understand and adhere to them. This requires training–often on a broad scale–in financial reporting, insider trading, codes of conduct, and corporate ethics. For a corporation whose workforce can number in the hundreds of thousands and be spread across the globe, training online makes obvious sense. At far less cost than classroom training, online services enable a corporation to reach its employees wherever they are located, control course content and materials, and track and document course completion.

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