Most in-house and corporate lawyers can appreciate that the U.S. Department of Justice is applying its voluntary self-reporting guidelines developed for violations of the Foreign Corrupt Practices Act to areas of white-collar crime beyond the FCPA. But at least one law firm wants more.

Wachtell, Lipton, Rosen & Katz sent out a memo this week welcoming the DOJ’s move but saying it does not give companies “sufficient clarity and predictability.”

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