In any assignment to outside counsel, problems and challenges may arise. The important thing is that those issues are spotted by your outside counsel and brought to your attention quickly along with possible solutions.
As companies prepare for potential changes to the regulatory enforcement landscape in a Biden administration and assess the risks and challenges ahead, it is important to evaluate how enforcement is likely to change—and how it might remain the same.
"I expect the attorneys to sit in on the business groups they are supporting. Then we can make very informed decisions on what we are spending our time on, and what can be shifted outside," Lea Ann King, general counsel and compliance officer of Toyota Material Handlings Inc., explained.
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